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Initial public offering is seen as backup plan if DVMT deal falls through
Dell Technologies Inc. is exploring the possibility of launching a traditional IPO instead of going public through a proposed acquisition that has met resistance from several investors.
The PC and storage giant plans to interview several banks for underwriting roles in an IPO this week, according to people familiar with the matter. As a result, it has postponed by about a week a roadshow to sell the takeover deal that was to begin this week, the people said.