Friday, January 13, 2017
U.S. Senator Tim Kaine
WASHINGTON, D.C. – U.S. Senator Tim Kaine, a member of the Senate Armed Services and Foreign Relations Committees, released the following statement on the nominations of General James Mattis to be Secretary of Defense and Rex Tillerson to be Secretary of State after participating in their confirmation hearings this week:
“I will support the nomination of General James Mattis to be Secretary of Defense. In his testimony before the Senate Armed Services Committee yesterday, he demonstrated a clear-eyed view of our current national security environment and a deep appreciation for the challenges facing U.S. servicemembers and their families. I believe he is well-prepar
Monday, September 21, 2009
Dell Computers will buy Perot Systems a world-class services provider in an all cash deal acquiring all the shares of Perot Systems for $30 a share. A 68% preimium over Friday’s close price per share. The combination will be accreditive to Dell GAAP earnings in 2012.
Michael Dell, Chairman of the Board and Chief Executive Officer, Dell: “We consider Perot Systems to be a premium asset with great people that enhances our opportunities for immediate and long-term growth. This significantly expands Dell’s enterprise-solutions capabilities and makes Perot Systems’ strengths available to even more customers around the world. There will be efficiencies from combining the companies, but the acquisition makes such great sense because of the obvious ways our businesses complement each other.” Ross Perot Jr., Chairman of the Board, Perot Systems: “This transaction represents a great opportunity for our company and our associates.Today’s announcement is the next step in formalizing a relationship that has flourished for some time. When my father founded Perot Systems he envisioned a global information-technology leader. The new, larger Dell builds on that promise and its own successes by taking Perot Systems’ expertise to more customers than ever.”
Michael Dell and Ross Perot, Jr. have been in talks for some time according to both on CNBC. Dell says it is about growth and expansion opportunities for Dell.
Perot Systems NYSE (ticker PER) will provide Dell with IT services. PER close at at $17.91 on Friday. The transaction is expected to close November-January time frame. Ross Perot, Jr. will serve as Chairman of the Board of Dell. DELL closed at $16.69 a share on Friday.
The acquisition was approved by Dell’s Board of Directors yesterday.
Posted By Valerie Garner