Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Digital Equipment Corporation Deal - Lehman Brothers Collection

Digital Equipment Corporation

Company Dealoffering of 600,000 shares of common stock
Transaction TypeCommon Stock
Deal DescriptionDigital Equipment Corporation used the net proceeds from this transaction to repay the company's outstanding domestic short-term indebtedness. The balance of the proceeds was added to working capital and used to finance receivables and inventories, property, plant, and equipment for other general corporate purposes. The proceeds of the domestic bank borrowings were used for additional working capital to finance the company's property, plant, and equipment expansion and its increased volume of business.
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