Dell Buyout Rumors Spark Stock Surge

Dell shares surged following a report that the personal computer maker is in talks with private-equity firms over a potential buyout.

The stock jumped sharply before tripping a single-stock circuit breaker, causing its shares to be halted on the NASDAQ stock exchange. Dell’s stock has now resume trading and was last 14 percent higher.

Dell declined to comment to CNBC on what it called “rumors or speculation.” The report first emerged on Bloomberg TV.

 

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