Deals and IPOs

Dell’s offer for EMC would be more than $27 per share: Sources

Faber Report: Dell's EMC offer would be $27/share+

Dell's offer to acquire EMC would be more than $27 per share, sources told CNBC on Thursday.

The deal announcement could be only a week away, and it could be one of the largest leveraged buyots on record.

Under the terms of the agreement, Dell would keep control of VMWare.

Sources said $40 billion in financing will be needed for deal.

Computing rivals Dell, EMC in deal talks

CNBC's David Faber contributed to this report.