Michael Dell says turnaround will take time and patience

Published February 05, 2013

| Reuters

Dell Inc's turnaround will take more "time, investment and patience," Chief Executive Michael Dell said in a memo to employees on Tuesday after striking a deal to take the company private.

In the memo, a copy of which was obtained by Reuters, Michael Dell also said a privately held Dell Inc would still have the flexibility for acquisitions.

(Reporting By Ben Berkowitz)

URL

http://www.foxbusiness.com/news/2013/02/05/michael-dell-says-turnaround-will-take-time-and-patience/