Silver Lake Discloses Stake In Dell Technologies — Shares Climb

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Dell Technologies Inc. (NYSE:DELL) shares saw upward momentum Friday morning. The move follows a regulatory filing by Silver Lake.

Silver Lake Reveals Aggregated Stake

According to an Amendment No. 13 to Schedule 13D filed with the U.S. Securities and Exchange Commission (SEC), Silver Lake Group and its affiliates reported a massive position.

The group may be deemed to beneficially own 50,240,830 shares of Class C Common Stock. This figure represents approximately 13.6% of the class.

Details of the SPV-2 Holding

Specifically, SL SPV-2, L.P. reported shared voting and dispositive power …

Full story available on Benzinga.com

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