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Michael Dell says turnaround will take time and patience

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Published: Tuesday, 5 Feb 2013 | 11:55 AM ET

Feb 5 (Reuters) - Dell Inc's turnaround will take more "time, investment and patience," Chief Executive Michael Dell said in a memo to employees on Tuesday after striking a deal to take the company private.

In the memo, a copy of which was obtained by Reuters, Michael Dell also said a privately held Dell Inc would still have the flexibility for acquisitions.

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Feb 5- Dell Inc's turnaround will take more "time, investment and patience," Chief Executive Michael Dell said in a memo to employees on Tuesday after striking a deal to take the company private.

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