Tuesday, July 19, 2016

EMC Reports Profit Up 19% Ahead of Shareholder Vote on Dell Acquisition

#EMC Corp. on Monday reported positive second-quarter results as it prepared for a shareholder vote on its acquisition by privately held #Dell Inc. in the largest technology merger in history. The Hopkinton, Mass., company’s profit rose 19%, and both bottom and top lines beat analyst expectations. “We had a strong second quarter and are well positioned as we look forward to combining with Dell,” EMC Chief Executive @JoeTucci said in a statement.

http://www.wsj.com/articles/emc-says-acquisition-by-dell-on-track-as-profit-rises-19-1468876673

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