Dell looks to avoid U.S. repatriation tax on overseas cash, WSJ says

July 1, 2013

Advisers that are working on the Dell buyout are trying to figure out how to use the company's foreign cash without paying a $2.6B U.S. tax bill, says The Wall Street Journal. Approximately half the foreign cash will be used to fund the buyout led by CEO Michael Dell and Silver Lake Partners but a large tax bill will lessen the "cushion" Dell is counting on as PC sales slow, added the Journal.