Friday, May 29, 2009

Forbes: Dell Inc. could be in 'buy or be bought' mode

[Updated June 5, 2009, 8:55 a.m.] With its stock and book value under pressure, Forbes reports Dell's recent hire of an M&A exec from IBM (drawing an IBM noncompete lawsuit) could mean Dell does a few small deals to complement its data-storage biz, or could mean Dell will use those deal-making skills to sell itself, to someone like Apple, which has plenty of cash on-hand. Updated: Lebanon city officials are pressing Dell to restore jobs cut at its assembly plant there, claiming Dell is abrogating a deal cut in 2000, WTVF NewsChannel 5 reports.

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