From CRN: It’s the dawn of a new day at Dell Technologies. The infrastructure giant is set to become a public company on Dec. 28, 2018, after more than 61 percent of shareholders approved the company’s bid to become public through a VMware stock swap.
"With this vote, we are simplifying Dell Technologies' capital structure and aligning the interests of our investors," said Michael Dell, chairman and CEO of Dell Technologies, in a statement Tuesday. "This strengthens our strategic position, as we continue to deliver innovation, long-term vision and integrated solutions from the edge to the core to the cloud. We've created Dell Technologies to be our customers' most trusted partner in their digital transformation."
Dell expects its Class C shares to begin trading on the New York Stock Exchange on Dec. 28. After months of discussions and negotiations with investors, Dell Technologies received the stockholder approval it needed to become public on Tuesday during a special meeting at its Round Rock, Texas-based headquarters.
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