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Technology Stocks : VMware, Inc. (VMW)
VMW 117.96+2.8%Jun 24 4:04 PM EDT
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To: OldAIMGuy who wrote (339)6/24/2020 9:44:26 AM
From: Glenn Petersen   of 355
 
If Dell does decide to spin off VMware, it looks like nothing will actually happen until September 2021.

Any such move is unlikely before next year. Dell can’t spin off its VMware stake tax-free until September 2021, or roughly five years after the PC maker combined with EMC Corp., because of a rule requiring both companies involved in a spinoff to have operated continuously for five years to qualify for such treatment.

I have always felt that VMware would command a significantly higher valuation if it was an independent entity.
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