EMC sets the date for shareholder vote on Dell deal

China is the only country left to grant regulatory approval

EMC has made public the date of its upcoming "special" shareholder meeting at which investors will cast their vote on the Dell acquisition.

Until now, although the shareholder vote has been mentioned in a number of official documents filed with the US Securities and Exchange Commission (SEC), the actual date and time of the meeting has been redacted. When Dell and EMC first announced plans for the deal back in October, the pair said it would likely close between May and October this year, but gave no more details on a timeline of events.

In an SEC document filed today, EMC published an invitation to shareholders with the date and time clearly stated - 10am on Tuesday 19 July 2016. The vote will take place at EMC's facility in Hopkinton, Massachusetts.

During the "special meeting", EMC shareholders will be asked to approve the agreement as well as certain compensation payments made to named executives connected to the deal.

The Dell and EMC acquisition cannot go ahead without the approval by EMC shareholders and with that in mind, the EMC board "unanimously recommends" that they vote to approve it.

CRN previously revealed that Michael Dell and other senior executives told partners at EMC World that they were aiming to complete the deal in the second week of July.

In a statement sent to CRN today, EMC confirmed that today marks the first disclosure of the date of the special meeting for EMC shareholders.

EMC added: "The merger is on schedule under the original timetable and terms. Thus far we have received antitrust clearance from most required jurisdictions including the US, the European Union, Canada, Japan, Australia and many other countries around the world. China is the remaining country where regulatory approval is required."