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Dell-EMC deal hit by $45bn financing setback - report

Dell's blockbuster EMC deal has hit a financing pothole, according to the New York Post. The Post reports that a consortium of bankers led by JPMorgan said more time was needed to arrange the initial $10 billion loan toward the $45 billion required to finance the acquisition. Dell expected yesterday to price the first $10 billion of debt, but tightening credit markets prompted the bankers to push the loan back 10 days, according to the report. Read More...

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