DELL LEVERAGED BUYOUT
By Rafael Nicolas Fermin Cota

The following document is a case study of the Dell Inc. LBO, purposed for learning about an LBO model, the events leading up to the transaction that are considered in the model, and the law suit launched by former Dell Inc. shareholders, post transaction. An accompanying dynamic LBO model is provided and referenced throughout the text. It should be noted that for simplicity, many events have been omitted, especially those relating to the legal analysis used to arrive at the court’s ruling. For a complete outline of events and analysis used in the court ruling, please reference: Memorandum Opinion, In the Court of Chancery of the State of Delaware RE: Appraisal of Dell Inc., May 31, 2016.