ROUND ROCK, Texas, Feb. 5 (UPI) -- U.S. computer giant Dell said Tuesday it had agreed to go private in a $24.4 billion deal that is meant to buy time for a turnaround.
Dell Chief Financial Officer Brian Gladden said the deal "immediately delivers value to shareholders." He also said "we do recognize that it (a turnaround) will take more time," and that making changes as a private company would allow Dell more flexibility than it would have as a public firm.