DELL COMPUTER ANNOUNCES PLANS TO OFFER COMMON STOCK
DELL COMPUTER ANNOUNCES PLANS TO OFFER COMMON STOCK AUSTIN, Texas, Nov. 12 /PRNewswire/ -- Dell Computer Corporation
(NASDAQ: DELL) announced today that in early December it expects to make a public offering of approximately 4,000,000 shares of its common stock, par value $.01 per share. The company indicated its intent through a registration statement filed with the Securities and Exchange Commission today. The offering is expected to be a firm commitment underwriting, the proceeds of which will be used for general corporate purposes, including working capital for anticipated future growth.
Dell expects that Goldman, Sachs & Co., Alex Brown & Sons Incorporated, and Merrill Lynch, Pierce, Fenner & Smith Incorporated will manage the syndicate of underwriters. The public offering of securities will be made only by means of a registration statement and prospectus filed with the Securities and Exchange Commission. This communication does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which that offer, solicitation or sale would be unlawful before the registration, qualification or exemption under the securities laws of any such state. Dell pioneered the marketing, service and support of personal computer systems directly to end users, and its Dell brand of personal computers has become one of the leading brand names in the industry. -0- 11/12/92 /CONTACT: Michele Moore (media), 512-794-4100; Don Collis (investors), 512-338-8671; or Ken Smith (investors), 512-794-4034, all of Dell Computer Corporation/ (DELL) CO: Dell Computer Corporation ST: Texas IN: CPR SU: OFR WB -- NY033 -- 0126 11/12/92 11:03 EST
|Printer friendly Cite/link Email Feedback|
|Date:||Nov 12, 1992|
|Previous Article:||TRINOVA'S VICKERS OPERATIONS AWARDED HYDRAULIC PUMPS CONTRACT FOR NEW F-22 ADVANCED TACTICAL FIGHTER|
|Next Article:||MERIDIAN DIAGNOSTICS ANNOUNCES RECORD FOURTH QUARTER AND FISCAL 1992 SALES AND PROFITS AND REGULAR QUARTERLY DIVIDEND|