Tax Reform Is 'Manageable'
In his SEC filing statement on Friday, Michael Dell said his company could "more than" manage the impact of the tax reform. "We are also excited about the positive impact of tax reform on the U.S. economy and believe any impact for Dell Technologies, based on what we know today, will be more than manageable," he said.
In a recent interview with CRN, former hedge fund manager Jeff Matthews said the tax changes make it "inevitable" that Dell will be forced to change its debt load and capital structure. "All of a sudden the amount of interest you can deduct against your taxes is cut dramatically. It squeezes them even more over time," he said.