Jun
20

Elliott and Private Equity Firm to Buy Dell’s Software Unit

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Paul Singer, founder of the hedge fund Elliott Management. CreditSteve Marcus/Reuters

For more than a decade, the hedge fund Elliott Management has focused on shaking up technology businesses with activist shareholder campaigns, urging companies to sell themselves.

Now the hedge fund has taken a big step into the business of buying companies outright.

Elliott and the private equity firm Francisco Partners said on Monday that they would buy Dell’s software businesses. A price was not disclosed, though it is estimated to be more than $2 billion…

Elliott and Private Equity Firm to Buy Dell’s Software Unit

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