Dell's LBO: Internal Talking Points Disclosed In SEC Filing
While a lot of the detailed financial information about Dell‘s proposed leveraged buyout by founder Michael Dell and the private equity firm Silver Lake have yet to be disclosed, the company this afternoon made an 8-K filing with the SEC that provides some fascinating insights into the way Dell and the various constituencies involved in the deal are positioning the transaction to investors, the media, insider, partners and the general public.
the Street, which has been wondering how the company will be able to transform itself when burdened by billions in new debt to service
Going private will buy the company time to fix itself without worrying about the impact on quarterly results and fluctuating share prices.
Michael Dell, who engineered a $24.4 billion leveraged buyout of his namesake personal computer maker this week, posted an open letter to customers today, telling them the company will continue to grow through “organic and inorganic investments.”
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