A private equity deal that stands out for its length and complexity has also turned out to be one of the industry’s most lucrative, reaping $70bn in gains for tech entrepreneur Michael Dell and investment firm Silver Lake. The two made a big bet more than a decade ago when they took personal computer company Dell Technologies private. EMC’s premier asset was its 81 per cent stake in VMware, a cloud computing specialist which last week was sold to Broadcom for $92bn.
Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), Broadcom Inc. (AVGO) and Wells Fargo & Company (WFC).
Key Insights Using the 2 Stage Free Cash Flow to Equity, Broadcom fair value estimate is US$1,284 Current share price...