Wednesday, March 22, 2017
Governor Terry McAuliffe released a statement today regarding his proposed amendments to Senate Bill 1398. Sen. Scott Surovell was chief sponsor of the bill which would place a temporary pause on the state permitting process for coal ash impoundment projects to allow for additional assessment regarding their impact on Virginia’s water quality and environment
Gov. McAuliffe stated: “My administration is committed to protecting water quality and drinking water sources for residents throughout the entire Commonwealth of Virginia as we address the closure of coal ash impoundments. While I support the Department of Environmental Quality’s approach to addressing this issue and the agency is
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