CRN sources say Michael Dell would hold 42% of a VMware (VMW -1.0%) spin-off and Silver Lake would have about 23%, a combined majority stake of 65%.
The potential spin-off of Dell's (DELL +0.1%) 81% VMW stake would improve the company's investment grade rating and help pay off its $48B in debt.
Michael Dell owns 52% of the eponymous company and Silver Lake holds 29%.
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