Business Standard

Blackstone ends pursuit of Dell Inc - source

Image

Reuters

REUTERS - Blackstone Group LP has ended its buyout pursuit of Dell Inc , a source familiar with the matter told Reuters, almost a month after the private equity firm launched a rival bid for the PC maker.

Blackstone declined to comment. Dell could not be reached immediately for comment by Reuters outside of regular U.S. business hours. (Reporting by Greg Roumeliotis in NEW YORK; additional reporting by Sakthi Prasad in BANGALORE; Editing by Paul Tait)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 19 2013 | 7:32 AM IST

Explore News