Dell leaps 17% after confirming potential spin-off of software firm VMware, Bank of America raises price target

Business Insider

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· *Dell shares shot as much as 17% higher on Thursday after the company confirmed it's mulling a spin-off of its $50 billion stake in software firm VMware.*
· *Such a transaction wouldn't take place before September 2021 and the two companies would hope to maintain their "strategic partnership," Dell said in a press...

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