Dell is buying data storage company EMC in a deal valued at approximately $67 billion, making it it the largest tech acquisition in history.
Shareholders of EMC Corp. will receive about $33.15 per share, which includes cash plus tracking stock linked to part of EMC's economic interest in the VMware business. That's a 19 percent premium to EMC's Friday closing price of $27.86. Cloud computing company VMware Inc., a subsidiary of EMC, will stay an independent, publicly traded company.
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