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EMC to pay Dell $2 billion as breakup fee in go-shop period

The EMC logo is seen at the entrance to the company's office in Santa Clara, California, in an undated photo provided by EMC.

EMC Corp (EMC.N) said it would pay Dell Inc [DI.UL] $2 billion if its about $67 billion deal with the world's no. 3 computer maker is terminated for a "superior proposal" before Dec. 12.

The record merger agreement announced on Monday included a 60-day 'go-shop' provision that allows EMC to solicit...


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