Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Diebold Computer Leasing, Inc. Deal - Lehman Brothers Collection

Diebold Computer Leasing, Inc.

Company Dealpublic offering of 1,000,000 shares of common stock class A (par value $.03 1/8 per share)
Transaction TypeCommon Stock
Deal DescriptionDiebold Computer Leasing, Inc., used a portion of the net proceeds from this transaction for the acquisition of additional computer equipment for leasing to others. Another portion of the proceeds was to be used for deposit balances, which the company's subsidiary was required to maintain in connection with the new senior financing, which the company was then engaged in negotiations to obtain. It was expected that the proceeds would enable the company, directly or through a wholly owned subsidiary, to borrow additional funds and thereby to acquire additional computer equipment.
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