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This is an archive article published on September 21, 2009

Dell to buy Perot Systems for $3.9 bn

Dell said it would launch a tender offer to acquire all outstanding Class A stock of Perot.

Dell Inc said it had struck a deal to acquire computer services maker Perot Systems Corp in a cash transaction the personal computer maker valued at about $3.9 billion.

Dell,which had indicated its intention to step up acquisitions,said it would launch a tender offer to acquire all of the outstanding Class A common stock of Perot Systems for $30 per share in cash.

That represents a premium of about 67.5 per cent from Friday’s closing price of $17.91 on the New York Stock Exchange.

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