Dell Stock Soars On Reports Of Possible Buyout

ROUND ROCK (January 14, 2013)--Dell's stock soared 13 percent Monday on a report that the struggling Round Rock-based personal computer maker is in talks to take the company private.

Bloomberg News, citing unnamed sources with knowledge of the situation, reported that Dell has discussed a potential sale with at least two firms that specialize in buying companies whose stocks have fallen out of favor.

Dell Inc. declined to comment.

The possibility of a buyout has already been floated by some industry analysts who believe Dell might be better off trying to engineer a turnaround without have to deal with financial pressures from Wall Street.

Dell's deteriorating earnings have contributed to a 30 percent drop its stock price during the past 12 months.

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