Tag - Blackstone
In a preliminary proxy statement issued to shareholders on Friday, Dell warned that it would be a risky path for the company to take a lot of debt and remain public, assuming existing profit levels and market trends remain the same. The 274-page statement informs Dell shareholders of how the Silver Lake Partners deal was assembled, and why it feels the deal is the best of all the alternatives before the shareholders.
Alibaba is said to be involved in ongoing negotiations with Japanese cellular carrier Softbank in an attempt to establish a group that is financially capable of buying Yahoo outright. Unnamed sources familiar with the matter have told Bloomberg that Blackstone Group and Bain Capital are also participating in the talks.
Four Asian companies appear to be getting involved with the FCC auction for the 700MHz wireless spectrum, the Wall Street Journal reports. The biggest is Japanese carrier NTT DoCoMo, which may put forward a bid worth $5 billion or more to expand its business internationally. The company already has a minor presence in the US, but does not sell any of the phones or advanced cellular services it is famous for in Japan. The company's main rival -- KDDI -- is likewise rumored to be interested in greater US access, since it is already testing a cellular service in the northeast.