Dell Inc. is scheduled to complete its $60 billion shareholder buyout of EMC Corp. on Sept. 7, according to a Tuesday announcement.
The acquisition of EMC (NYSE: EMC), which was first proposed in October 2015, comes after a final regulatory approval by China's Ministry of Commerce, paving the way for the largest technology merger in history.
Dell agreed to pay EMC shareholders $24.05 a share as well as 0.111 shares of a tracking stock related to California-based VMware Inc. (NYSE: VMW). Dell...