Apps & Software
EMC & VMware 'Final' Exchange Ratios; Industry Leaders Invested in a Competitor (EMC, VMW, INTC, SAP, GS)
Published:
In an SEC Filing, you can see the ‘final amended’ exchange terms foremployees of EMC switching into new VMWare shares in their options andstock grant plans. The final two full trading days of the Offer (unlessthe Offer is extended) will be August 2, 2007 and August 3, 2007. Thatbeing said, this deal could still come as soon as the following week orso.
THE LATEST VMWARE DATA
The partial IPO of VMware is expected to be completed this summer,according to EMC’s latest press release. Based upon my discussionswith EMC employees this is still an August target ahead of its VMWareconference in San Francisco. If they are smart they will still target’early August’ because their investor audience is going to besignificantly lower as we get into the week ahead of Labor Day.
As we reach the immediate days ahead of the actual IPO, we’ll be sending a play book ahead of the EMC partial spin-out to our subscribers.It goes without saying that this IPO will be one of the most watchedevents in technology IPO’s for 2007, at least if the current coverageand rate of emails I receive with inquiries on this is any barometer.
Jon C. Ogg
July 26, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.