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Topic: Dell said to be in buyout talks with private equity firms |
Dell said to be in buyout talks with private equity firms
Bloomberg News, by Staff
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Original Article
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Posted By:Dreadnought, 1/14/2013 10:15:18 PM
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| Dell Inc., the personal-computer maker that lost almost a third of its value last year, is in buyout talks with private-equity firms, two people with knowledge of the matter said. Round Rock, Texas-based Dell is discussing going private with at least two firms, said one of the people, who declined to be identified because the talks are private. The discussions are preliminary and could fall apart because the firms may not be able to line up the needed financing or resolve how to exit the investment in the future, the people said. Several large banks have been contacted about financing an offer,
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Reply 1 - Posted by:
PapayaSF, 1/14/2013 10:24:15 PM (No. 9116873)
In 1997, Michael Dell said that if he were put in charge of Apple, ´´I´d shut it down and give the money back to the shareholders.´´ Apple now, with the iPhone alone, makes more money (both gross and profit) than Microsoft makes from everything it does. You could probably add in Dell to Microsoft and it would still be true. My, how times have changed!
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Reply 2 - Posted by:
Spidey, 1/15/2013 4:35:38 AM (No. 9117035)
I´m a big fan of dell computers and I hate to see them lose market share.Dell´s are reasonably priced,unlike Apple which gouges their buyers.
But anyway the fact is PC´s are on their way out and that´s Dell´s biggest problem.But yeah,if you´re a big fan of facebook or twitter you have to keep up with what somebody´s making for dinner or what movie their watching.Can´t drag a PC around to keep up.
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Reply 3 - Posted by:
Chriseh, 1/15/2013 8:17:08 AM (No. 9117234)
Dell inexpensive? Hardly, load it up right and it´s just as expensive as an Apple computer. The lower price of the basic Dell is a result of cheap construction and inferior internal components.
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Below, you will find ...
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National Review Online, by Mona Charen
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Posted By: Dreadnought- 5/21/2013 7:54:10 AM
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Liberals used to love to quote the (apparently apocryphal) line from a Sinclair Lewis character “When fascism comes to America it will be wrapped in the flag and waving a cross.” Wonder if they’re reflecting on that this week? We knew that early in the first term, the White House attempted to exclude a news agency from pool reports. Now come revelations that the Justice Department engaged in sweeping eavesdropping on AP journalists; that the IRS targeted conservative private citizens while favoring liberal ones; that the EPA charged fees to conservatives groups while waiving them for “green” activists;
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Associated Press, by Nomaan Merchant and Tim Talley
Original Article
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Posted By: Dreadnought- 5/21/2013 7:42:54 AM
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MOORE, Okla. — Spotlights bore down on massive piles of shredded cinder block, insulation and metal as crews worked through the night lifting bricks and parts of collapsed walls where a monstrous tornado barreled through the Oklahoma City suburbs, demolishing an elementary school and reducing homes to piles of splintered wood. At least 51 people were killed, including at least 20 children, and those numbers were expected to climb, officials said Tuesday. The storm stripped leaves off trees and left scores of blocks in Moore barren and dark. Rescuers walked through neighborhoods where Monday´s powerful twister flattened home after home
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Senate Committee Poised to Beat Up On Apple
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Power Line, by John Hinderaker
Original Article
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Posted By: Dreadnought- 5/20/2013 10:17:46 PM
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Steve wrote this morning about a hearing being held this week by the Senate Permanent Subcommittee on Investigations, in which Apple’s CEO, Tim Cook, will testify tomorrow. The subcommittee apparently is trying to highlight supposed tax avoidance on the part of American companies, as the Associated Press reports: Apple Inc. employs a group of affiliate companies located outside the United States to avoid paying billions of dollars in U.S. income taxes, a Senate investigation has found. The world’s most valuable company is holding overseas some $102 billion of its $145 billion in cash, and an Irish
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Original Article
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Posted By: Dreadnought- 5/20/2013 10:06:28 PM
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Congresswoman Sheila Jackson Lee (D-TX) asked Attorney General Eric Holder to investigate election integrity org True the Vote and its associated Tea Party group, King Street Patriots, immediately before the IRS and DOJ began targeting the group in June 2010. Rep. Jackson Lee sent a letter to Holder which alleged that True the Vote was intimidating voters and their election monitors were crossing the line in unspecified “instances” of voter intimidation. The letter went on to directly assert that the “alleged events” were factual and that the True the Vote effort was behind the crimes
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Washington Times, by Tom Howell Jr.
Original Article
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Posted By: Dreadnought- 5/20/2013 9:54:52 PM
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Gunmaker Smith & Wesson tops the list of best businesses in bright blue Massachusetts — after not making the list at all last year — a new report in the Boston Globe found. The 161-year-old company, based in a state with some of the stricter gun control laws in the nation, tried to diversify its holdings by acquiring a security company in recent years, only to do an “about-face” by focusing on its product line, the newspaper said in its explanation of the Springfield firm’s top spot. “We went back to what we do best, which is handguns,”
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Washington Post, by Ann E. Marimow
Original Article
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Posted By: Dreadnought- 5/20/2013 9:49:35 PM
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Journalists, First Amendment watchdogs and government transparency advocates reacted with outrage Monday to the revelation that the Justice Department had investigated the newsgathering activities of a Fox News reporter as a potential crime in a probe of classified leaks. Critics said the government’s suggestion that James Rosen, Fox News’s chief Washington correspondent, was a “co-conspirator” for soliciting classified information threatened to criminalize press freedoms protected by the First Amendment. Others also suggested that the Justice Department’s claim in pursuing an alleged leak
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IRS´s Lerner Had History of Harassment, Inappropriate Religious Inquiries at FEC
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Weekly Standard, by Mark Hemingway
Original Article
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Posted By: Dreadnought- 5/20/2013 9:30:25 PM
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Perhaps no other IRS official is more intimately associated with the tax agency´s growing scandal than Lois Lerner, director of the IRS’s Exempt Organizations Division. Since admitting the IRS harassed hundreds of conservative and Tea Party groups for over two years, Lerner has been criticized for a number of untruths—including the revelation that she apparently lied about planting a question at an American Bar Association conference where she first publicly acknowledged IRS misconduct. Still, Lerner has her defenders in the government and the media. Shortly after the scandal broke, The Daily Beast published an article headlined "IRS Scandal’s Central
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Analyze this
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Power Line, by Scott Johnson
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Posted By: MissMolly- 5/19/2013 11:33:33 AM
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What did President Obama do on the evening of 9/11/12 when our men were under attack in Benghazi? The invaluable Andrew McCarthy reminds us that Obama and Secretary Clinton had a 10:00 p.m. phone call of which many (including, I think, Chris Wallace) have lost sight. This morning when Wallace asked Obama aide Dan Pfeiffer what Obama was up to that evening, Pfeiffer declared the line of inquiry “offensive.” Translation: Obama and his minions would prefer to “move on” and are warning the likes of FNC off:(Snip for video)The Weekly Standard’s Daniel Halper has posted the rush transcript
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Real Clear Politics, by Staff
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Posted By: Desert Fox- 5/19/2013 6:55:47 PM
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PRESIDENT OBAMA: You are the mantle of Frederick Douglass and Booker T. Washington and Ralph Bunche and Langston Hughes and George Washington Carver and Ralph Abernathy and Thurgood Marshall and, yes, Dr. Martin Luther King Jr. These men were many things to many people and they knew full well the role that racism played in their life. But when it came to their own accomplishments and sense of purpose, they had no time for excuses. Every one of you has a grandma or an uncle or a parent whose told you at some point in life
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New York Post, by S.A. MILLER
Original Article
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Posted By: FlyRight- 5/20/2013 4:15:03 PM
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WASHINGTON – The Internal Revenue Serviced scandal today spread further within the White House and closer to President Obama. White House spokesman Jay Carney today disclosed that Obama’s chief of staff, Dennis McDonough, and other top White House officials had advance warning that the IRS was targeting conservative groups. But he insisted McDonough and the other White House officials purposely kept Obama out of the loop.McDonough “rightly chose not to take action” to inform Obama, Carney told reporters at the daily White House briefing.
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BREAKING: WashPost Reports Obama DOJ Also Spied on James Rosen of Fox News
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Newsbusters, by Tim Graham
Original Article
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Posted By: drive- 5/20/2013 7:29:20 AM
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The Washington Post on Monday reported that Obama’s Department of Justice was investigating journalists before they started wiretapping the Associated Press – for one, Fox News correspondent James Rosen in 2010. Their headline wasn´t "Obama Team Also Spied on Fox News." Fox wasn´t in the headline, on A-1 or on A-12, where the story continued. Newly obtained court documents “reveal how deeply investigators explored the private communications of a working journalist — and raise the question of how often journalists have been investigated as closely as Rosen was in 2010.” Reporter Ann Marimow began:
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Newsbusters, by Noel Sheppard
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Posted By: JoniTx- 5/19/2013 3:54:02 PM
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"Can you see in your mind´s eye a way that this might not have been political, that this was a misguided stupid way to sort, but that they didn´t intend it to be some kind of political attempt to harass the Tea Party?" So actually asked CNN´s Candy Crowley of her guest Sen. Rand Paul (R-Ky.) concerning the Internal Revenue Service scandal Sunday (video follows with transcript and commentary):CANDY CROWLEY, HOST: Moving on to the IRS problem at this moment, which is really sort of in its infancy. There will be lots more hearings coming up this week
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New York Times, by Brian Knowlton
Original Article
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Posted By: FlyRight- 5/20/2013 7:01:33 AM
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A senior adviser to President Obama mounted a combative defense of the administration on Sunday, saying the controversies enveloping the White House were the result of Republican lawmakers’ trying to “drag Washington into a swamp of partisan fishing expeditions, trumped-up hearings and false allegations.”The remarks came from Dan Pfeiffer, a member of the president’s inner circle, as he appeared on all five major Sunday morning talk shows in an effort to move the administration past what commentators have described as a “hell week” of controversy and missteps.
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Posted By: KarenJ1- 5/20/2013 1:12:07 PM
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Stuart Varney said this morning on "Varney & Co." that one of his producers was given a questionnaire with some surprisingly intrusive questions on it when he switched doctors. One of the questions was whether he/she was concerned about unsecured weapons in the home. Another asked whether he/she was "in a relationship in which you have been physically hurt or are you afraid of your partner?" Judge Andrew Napolitano explained that the question about guns comes out of a post-Sandy Hook executive order by President Obama, but it will be required under Obamacare. Varney expressed amazement
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