By Alexandra Steblinina. CIT Group Inc.'s 30 percent stake in Dell Financial Services would be bought by Dell Inc. for 306 million dollars.
Currently, Dell owns 70 percent of DFS, which provides financing services such as loans, leases and revolving credit for consumers, small business and commercial customers, the AP reports.
Dell Inc, an American technology-company based in Round Rock, Texas, develops, manufactures, sells and supports personal computers, servers, data-storage devices, network-switches, personal digital assistants (PDAs), software, televisions, computer peripherals and other technology-related products.
As of 2006, Dell employed more than 78,700 people worldwide.
Formerly holding a substantial lead in sales of PCs and of servers, the company recently slipped behind Hewlett-Packard (HP) in these markets.
In 2006, Fortune magazine ranked Dell as the 25th-largest company in the Fortune 500 list, 8th on its annual Top 20 list of the most-admired companies in the United States.
In 2007 Dell ranked 34th and 8th respectively on the equivalent lists for the year. A 2006 publication identified Dell as one of 38 high-performance companies in the S&P 500 which had consistently out-performed the market over the previous 15 years.
Russian Foreign Minister Sergei Lavrov stated that Vladimir Putin and Donald Trump, as well as the military of the two countries, will never let a military confrontation spark, but...
An attack is under way against the truth-seeking social media practising data democracy. What is unacceptable is that the liars accuse the truthseekers of lying
On April 20, Russian Foreign Minister Sergei Lavrov confirmed that Russia could supply air defense systems to Syria