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 500,000 shares of common stock
Transaction TypeCommon Stock
Deal DescriptionDigital Equipment Corporation used the net proceeds from this transaction to repay its outstanding domestic bank loans. The balance of the proceeds was added to working capital and was used to finance receivables and inventories, to finance plant facilities and equipment, and for other general corporate purposes. The proceeds of the domestic bank loans were used for additional working capital to finance the company's increased volume of business.
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