The complicated deal saw a group led by Michael Dell pay a Dell subsidiary $24.4 billion for control of Dell – a valuation which infuriated activist investor Carl Icahn who says the company is worth $42 billion.
The company has debt of $52.7 billion.
With Dell shares now at $45 it has a market cap of $16 billion.
Dell says it expects revenue of between $90.5 billion and $92 billion in 2019.
The company has 17% of the PC market behind HP’s 23% and Lenovo’s 21%.
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