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We will hear reviews from apple cofounder Steve Wozniak. First, to our lead dell is offering 33 a share to buy emc. This, according to a person with knowledge of the matter who said the deal may be done as early as monday. Shares of emc are rising in afterhours, along with vmware, that could be tied to the deal. Cory johnson is in the newsroom. You have been digging through the numbers. What do you make of the price and speed at which this deal may be done . Cory we will see. This is a hard deal to imagine. It is about a 64 billion market cap acquisition for dell. They dont have that kind of money. They have nowhere near that amount of money. This is a minnow swallowing a whale. Just look at the size of dells business. We know dell already has a ton of debt. Of course, the company was taken private in large part through borrowing money. If you look at the size of dells business, it has about 12 billion in debt, given an enterprise ....
Cofounder Steve Wozniak. First, to our lead dell is offering 33 a share to buy emc. This, according to a person with knowledge of the matter who said the deal may be done as early as monday. Shares of emc are rising in afterhours, along with vmware, that could be tied to the deal. Cory johnson is in the newsroom. You have been digging through the numbers. What do you make of the price and speed at which this deal may be done . Cory we will see. This is a hard deal to imagine. It is about a 64 billion market cap acquisition for dell. They dont have that kind of money. They have nowhere near that amount of money. This is a minnow swallowing a whale. Just look at the size of dells business. We know dell already has a ton of debt. Of course, the company was taken private in large part through borrowing money. If you look at the size of dells business, it has about 12 billion in debt, given an enterprise value of maybe 25 billion. They ....
Earlier in the show, we asked you to weigh in on the jc penney debate and decide whether the bear or bull won. We tallied the results, and you said i dont think im surprised. Steve weiss, made the better argument, weiss . I think we have a very intelligent audience. Victory lap. I had to give you a victory thing there. Pete . Trm, this is going higher. Doc . Shipping. Chrw. A lot of buying of may 60 calls. Stock correcting more than 10 . Bought citi yesterday and more this morning. Tesla. Among the june 40 calls, unfairly beaten up. Tweet me. That does it for us. Can you see more fast at 5 00 tonight. Big snap back. Dow marching towards all time closing highs. Right now up 130 points and power starts now. It is 1 00 in the east. Welcome, everybody. On wall street we have several breaking stories to tell you about. Big news on apple and price line today. Apples Shareholders Meeting and a day after a big report on priceline. W ....
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