Regulators approve Dell’s $25 billion buyout deal

Dell just announced that the company has received “all the necessary regulatory clearances” to go ahead with its $25 billion buyout deal, funded by founder Michael Dell and Silver Lake Partnerships. Shareholders had approved the deal earlier this month by a 65 percent margin, but various federal regulators were required to sign off before it could officially proceed. The company now expects the deal to officially close before the third quarter of 2014. In an earlier statement, Michael Dell said the new ownership structure will “open an exciting new chapter for Dell.”