The title is misleading, perhaps a mod could switch to the subtitle fragment "VMware could buy Dell in massive reverse-merger"
While legally it would be VMWare buying Dell, practically Dell already controls VMWare. The manoeuvre is a reverse IPO, a way for Dell to go public without the rigmarole.
He did, but the corporate tax cut was funded partially by giving less preferential treatment to debt (only being able to deduct 30% of the interest) and Dell was taken private with tons of debt. The takeover of EMC added tons more debt.
Isn't that known as a back door listing? Incidentally, these were really common on the Chinese stock exchange a few years ago, which is how I became familiar with the term at least.
While legally it would be VMWare buying Dell, practically Dell already controls VMWare. The manoeuvre is a reverse IPO, a way for Dell to go public without the rigmarole.