Here's How Dell Wants to Pay Down Its EMC Debt

EMC CEO Joseph Tucci and Dell CEO Michael Dell.Photographs by Getty Images

Slimming down to get bigger.

The #Dell - #EMC saga continued this week with a report that Dell is shopping #PerotSystems for $5 billion. Dell bought Perot, which helps big businesses select and deploy the right information technology, six years ago for $3.9 billion. Dell now wants $5 billion for the Perot business according to Re/Code.

There had already been several reports that Dell is looking to offload several of its businesses to lighten its debt load—estimated to be a whopping $45 billion—that the computer-maker’s proposed $67 billion acquisition of EMC  EMC -0.62%  would incur. For example, private equity firms have reportedly explored acquiring Dell’s #Sonicwall and #Quest businesses.

http://fortune.com/2015/12/14/dell-selling-perot-emc/