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    Dell goes private to aid restructuring

    euronews (in English)

    by euronews (in English)

    Personal computer maker Dell is no longer to be a publicly traded company.

    The world's third-biggest maker of PCs plans to buy back all its shares, spending the equivalent of 18 billion euros.

    Founder and Chief Executive Michael Dell said by going private he will be able to press ahead with plans to turn the company around by diversifying away from personal computers.