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Spin-Off
A New Chapter For VMware: Spin-Off From Dell Technologies Completed
VMware (NYSE: VMW) and Dell Technologies announced the completion of the spin-off of VMware from Dell Technologies. The spin-off from Dell Technologies provides VMware increased freedom to execute its multi-cloud strategy, a simplified capital structure and governance model, and additional operational and financial flexibility. The terms of the spin-off included an $11.5 billion special cash dividend (the …