Dell LBO Reportedly Could Come Monday At $15-$16 A Share

A deal to take Dell private in a leverage buyout could be announced as soon as Monday, Reuters reports, citing "two people familiar with the matter." The price could be in the $15 to $16 a share range, according to another story by The New York Post.

At $15 a share the deal would be worth $25.5 billion to Dell's equity holders.

The transaction would be led by Dell founder and CEO Michael Dell and the private equity firm Silver Lake Partners. The Post reports that Microsoft would contribute $2 billion to the deal.

The wire story says Dell himself would take a majority stake in the company, with Silver Lake and Microsoft to become minority investors. According to the Reuters report, the deal is supposed to be finalized over the Super Bowl weekend but that the timetable could slip.

Up to $15 billion in debt financing for the transaction reportedly has been secured by four investment banks, including Barclays, Bank of America Merrill Lynch, Credit Suisse and RBC Capital. Reuters reports that Barclays and Perella Weinberg Partners are advising Silver Lake, while JPMorgan Chase is advising Dell.

Dell this morning is up 78 cents, or 5.9%, to $14.02.