[howlingfantods]

In simple English

Context: Dell has large stakes in both Pivotal and VMware

VMware buys Pivotal. Pivotal's regular shareholders get paid in cash per share ($15). Dell, which owns a separate class of shares, gets paid in VMware shares rather than cash. This is likely because Dell already has a large cash balance and they don't need any more cash.

[jasonm23]

Large stake? Dell owns both, it's a move to rescue the tailspin that Pivotal's stock price is in.

Potentially.