Shareholders to vote on Dell-EMC merger next week
Shareholders are expected to officially vote on the planned merger between #Dell Inc. and #EMC Corp. on July 19, about eight months after the takeover was officially announced. The special shareholders meeting is set to be held at EMC’s (NYSE: EMC) headquarters in Hopkinton.
Two independent advisory firms — #GlassLewis and #InstitutionalShareholderServices — have recommended that shareholders vote in favor of the merger.
“I firmly believe, as does EMC’s board of directors, that the coming together of EMC and Dell is the best strategic option for all stakeholders,” said EMC CEO @JoeTucci in a regulatory filing followingGlass Lewis’ recommendation to approve the deal.
The combined company, which will operate as #DellTechnologies, will generate about $74 billion in revenue