Dell has begun talking to holders of its VMware-tracking stock, DVMT, to gauge their interest on a merger with VMware, according to people familiar with the matter.
Dell remains bullish on VMware’s future and wants to own as much of the stock as possible, and also wants to clean up the virtualization pioneer’s capital structure, which has been complicated by a series of mergers and partial spin-outs, said the people, who asked not to be named because the discussions are private.
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