Hmm wasn't the % of Compaq shareholders also in the high 90s accepting Carly paying too much in the name of that mythical unicorn called synergy?
EMC shareholders have voted overwhelmingly to accept Dell's $60bn plus offer to merge the two companies into a new entity called Dell Technologies. At a special shareholder meeting at EMC's Hopkinton, Massachusetts, headquarters, 98 per cent of those present, representing 78 per cent of the shareholders, voted to approve the …
EMC had run itself into a corner (albeit quite a lucrative one). As I said before the Dell-EMC deal was announced: "EMC will have to kill itself to survive". EMC is gone, long live EMC!
I just hope that as many people as possible keep their jobs. The rest of this deal will just be about the dispersal of spoils to the share-holders and the board (which is not unusual or nasty, just the way corporations work). Once that is over it is my hope that the "new" EMC can survive and once again do great things in the area of technology.