Dell-EMC deal could fall apart on tax concerns: Re/code

Dell struck a deal in October to buy data storage company EMC, setting a record in the technology industry, as it tries to transform itself into a giant in the fast-growing market for managing and storing corporate data. Dell will pay $24.05 per share in cash and will also give EMC shareholders a special stock that tracks the share price in VMWare Inc , the virtualization software maker majority-owned by EMC. Dell insiders are concerned that the creation of the tracking stock will invite scrutin