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Large Dell Holder Sells Stake

The Oakmark Funds group, one of Dell's larger shareholders, sold its stake after Blackstone withdrew its potential bid for the PC maker.

 

Dell profit plummets 31 percent as investors ponder $24 billion buyout

Dell Inc on Tuesday reported a 31 percent drop in profit, hurt by a shrinking consumer business, as investors weighed founder Michael Dell's offer to buy out the world's No.3 maker of personal computers.

 

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