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Dell to buy EMC in deal worth about $67 billion

Dell, along with MSD Partners and Silver Lake, announced Monday they will buy cloud computing company EMC in a deal worth roughly $67 billion in cash and stock.

"We're creating an unbelievable powerhouse of an enterprise company," Dell Chairman and CEO Michael Dell told CNBC's "Squawk Box." "This is really all about bringing together complementary technologies and helping our customers address the challenges and opportunities...