Go Daddy Sells to KKR and Others in Deal Worth $2.25 Billion

Silver Lake Management LLC and partners are close to lining up about $15 billion in funds for a buyout of Dell Inc., the third-biggest maker of personal computers, said people familiar with the matter.

When Bloomberg broke the news that Dell may take itself private yesterday, the Street jumped — A leveraged buy-out deal, a big one... the likes of which haven't been seen since 2007.

(Reuters) - Dell Inc's largest independent shareholder, Southeastern Asset Management Inc, has told the computer maker that a $24.4 billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal to take it private, two sources close to the situation said.

If things develop as materials seen by the Financial Post would indicate, the stage is being set for further consolidation in the global bio-technology/health sciences sector. California-based Life Technologies Corp., which was formed in late 2008 following the merger of Invitrogen Corporation and Applied Biosystems Inc. has started a process that may see the company with annual revenues of about US$4-billion be acquired either by a private equity firm as part of a leveraged buyout or by one of the larger global industry players.

With the world’s largest miners flocking to sell assets, cost cuts across the industry and a virtual drought in buyers, private equity funds may finally be tempted into a sector long seen as potentially lucrative but risky. Industry veterans say the coming months will be a test of whether private equity funds can turn intentions into investments and become more than niche players in an industry that has traditionally relied on public markets for cash.

Buyout firms Silver Lake Partners and TPG have held talks with Dell about taking the company private, the Wall Street Journal reports.

The 451 Group: Inorganic Growth submits: By Ben Kolada