• VMware shareholders are winning their battle to block Michael Dell's push for a reverse merger

    One year ago - By Chron

    VMware shares soared on Monday on word that Michael Dell is ready to abandon his reverse merger plan between VMware and Dell Technologies.
    Shareholders were in open revolt, and Wall Street analysts were openly negative about the prospect of the deal.
    Employees weren't thrilled either, and neither were VMware's hardware partners that compete with Dell, according to reports.
    The deal would have been huge, and would have given Dell a non-traditional path to going public again.
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