VMware Tracking Shares Rise on Hopes of a Deal With Dell

Shares of Dell Technologies Class V, the tracking stock for VMware, rallied for the second straight session on news that activist investor Carl Icahn has bought shares and optimism that a deal can be struck on favorable terms with the privately held Dell.

The shares of the Dell tracker (ticker: DVMT) gained $1.89, to $80.70, on Monday after…

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