Dell and Compellent Negotiating a Possible Merger at $27.50 per Share

Dell DELL and Compellent Technologies, Inc. CML today announced they are engaged in advanced discussions regarding a possible business combination involving the two companies. Dell and Compellent have entered into an exclusive agreement to negotiate a merger agreement in which Dell would acquire all of the outstanding common stock of Compellent at a price of $27.50 per share in cash.