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The founder of a major computer maker is standing firm in his offer to buy back the company and what will be the most popular film this holiday weekend. Here's the Friday Bloomberg After The Bell Report from the New York Stock Exchange.
It's looking less likely that Michael Dell will be taking the computer company he founded private. Sources tell Bloomberg Dell and the investment group he is working with won't be increasing their more than $24 billion offer for the company. The Investor Advisory Firm is preparing to make its recommendation to shareholders on the buyout and is reportedly leaning against the deal.
If you're in the market for a tablet, the Kindle Fire HD just got cheaper. Amazon has cut the price of the seven-inch android tablet to $169. It had originally gone on the market for $199.
Stocks closed higher on a better-than-forecast monthly jobs report.
Do your plans this weekend include a movie? "Despicable Me 2" has been dominating the July 4th box office weekend. Universal's animated comedy brought in $59.5 million in the first two days of the extended holiday weekend, compared to just $19.5 million for Disney's "The Lone Ranger."