ROUND ROCK, Texas, Dec. 11, 2018 /PRNewswire/ — News summary Stockholders vote in favor of Class V transaction Holders of more than 61% of Del
Source: www.prnewswire.com
Dell Technologies received stockholder approval for a Class V transaction as 61% of Class V common shareholders, excluding affiliates of Dell, voted in the favor. This transaction is expected to close on December 28, 2018, subject to satisfaction of closing conditions. Dell’s Class C shares are expected to begin trading on the New York Stock Exchange (DELL) the same day. Votes in favor of the transaction constitute more than 89% of the Class V shares voted by unaffiliated Class V common stockholders who cast a ballot. The transaction was also approved by the holders of Dell Technologies’ outstanding Class A common stock and Class B common stock, each voting as a separate class, and the holders of Dell Technologies’ outstanding Class V common stock, Class A common stock, Class B common stock and Class C common stock, voting together as a single class.
