EMC Corporation (NYSE:EMC) is considering various options including a merger deal with Hewlett-Packard Company (NYSE:HPQ) and Dell Inc. (NASDAQ:DELL), according to The Wall Street Journal report. Citing people familiar with ongoing developments, the WSJ reports J.P. Morgan Chase is advising the data storage giant regarding its various options. Pressure from activist shareholder Activist investment firm Elliot Capital Management has reportedly targeted EMC Corporation (NYSE:EMC) by pressuring the data storage giant to spin off VMware, Inc. (NYSE:VMW). The firm’s investment in EMC Corporation is estimated at 2% of EMC’s equity value, translating into the company’s fifth biggest shareholder. The substantial stake…
EMC Mulls Deal Options With HP, Dell [REPORT]
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports