Investors Struggle To Grasp ‘Stupid’ Deal For VMware
Shares of both EMC (EMC) and VMware (VMW) dropped Tuesday as investors and Wall Street struggled to understand the complexities of the deal in which privately held tech giant Dell would swallow up the two enterprise computing companies. After a fall of 8.1% Monday, when Dell announced its pending acquisition of VMware majority owner EMC, VMware stock was down another 4% in afternoon trading on the stock market today, putting it at a more than