Dell Reports on Progress of EMC Deal to Dell Employees
Benzinga 10 years ago
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The following communication was sent to all Dell Global Team Members by Rory P. Read, Chief Integration Officer, at Dell Inc. on June 6, 2016.
Dell - Internal Use - Confidential Rory P. Read Chief Integration Officer Dell + EMC transaction update
To: All Dell global team members
Team:
The Dell and EMC (NYSE: EMC) transaction continues to make solid progress. Today, the U.S. Securities and Exchange Commission approved our joint proxy and S-4 registration statement. The proxy sets a special meeting of EMC stockholders to consider the merger transaction to be held on July 19, 2016 in Hopkinton, MA. Subject to approval by shareholders and customary closing conditions, the transaction is expected to close on schedule, under the original timetable and terms. Finalizing the joint proxy and S-4 statement is an exciting development as we move closer to combining our two great companies and a significant milestone in the transaction approval process. We really appreciate the hard work by our Legal and Finance teams over the past several months. The combination of Dell and EMC will create the world's largest privately-controlled, integrated technology company, and we have a lot to look forward to as a combined business. Until then, we continue to operate Dell and EMC as separate companies, so follow the rules of engagement as they have been shared with you by your manager. We will continue to keep you updated on the progress of the transaction. Thank you for staying focused on serving our customers and partners. Rory
Dell - Internal Use - Confidential Rory P. Read Chief Integration Officer Dell + EMC transaction update
To: All Dell global team members
Team:
The Dell and EMC (NYSE: EMC) transaction continues to make solid progress. Today, the U.S. Securities and Exchange Commission approved our joint proxy and S-4 registration statement. The proxy sets a special meeting of EMC stockholders to consider the merger transaction to be held on July 19, 2016 in Hopkinton, MA. Subject to approval by shareholders and customary closing conditions, the transaction is expected to close on schedule, under the original timetable and terms. Finalizing the joint proxy and S-4 statement is an exciting development as we move closer to combining our two great companies and a significant milestone in the transaction approval process. We really appreciate the hard work by our Legal and Finance teams over the past several months. The combination of Dell and EMC will create the world's largest privately-controlled, integrated technology company, and we have a lot to look forward to as a combined business. Until then, we continue to operate Dell and EMC as separate companies, so follow the rules of engagement as they have been shared with you by your manager. We will continue to keep you updated on the progress of the transaction. Thank you for staying focused on serving our customers and partners. Rory