Pursuant to the terms of the Merger, each share of EMC Common Stock outstanding immediately prior to the consummation of the Merger will be converted into the right to receive approximately 0.111 of a share of Denali Holding Inc. The value of the tracking stock may vary from the market price of VMware given the different characteristics and rights of the two stocks._J- Shareholders of EMC Corporation (EMC) will vote on Tuesday, July 19, 2016, to approve a proposed Merger between EMC and Universal Acquisition Co., a wholly owned subsidiary of Denali Holding Inc. Based on the estimated number of EMC shares outstanding at close, EMC shareholders received 0.11146 shares of new tracking stock (NYSE: DVMT) for each EMC share. Notes: SeptemDell Technologies today announced completion of the acquisition of EMC Corporation, When the transaction closed on September 7, 2016, EMC shareholders received $24.05 per share in cash in addition to tracking stock linked to a portion of EMC’s economic interest in the VMware business. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset - information - in a more agile, trusted and cost-efficient way. Fundamental to this transformation is cloud computing.

* NOTE: This security is no longer trading as of 9/07/16Ĭompany's Online Profile BUSINESS: EMC is a global leader in enabling businesses and service providers to transform their operations and deliver information technology as a service (ITaaS).

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