Dell offering EMC $27.25/share and special VMware stock: Re/code

(Reuters) - Dell Inc is offering $27.25 per share in cash for data storage company EMC Corp in addition to a specialized stock in cloud software company VMware Inc , Re/code reported. The specialized stock, which would "track" the value of the 20 percent of VMware that EMC does not own, along with the cash offer would take the per-share offer above $30, Re/code said, citing sources briefed on the negotiations. Dell would also distribute, or sell, a portion of EMC’s stake in VMware to EMC s