Carl Icahn, Jefferies nab $5.2B to finance Dell deal — report

Dell headquarters in Round Rock, Texas.

(Credit:
Dell)

Activist investor Carl Icahn, along with his partner Jefferies & Co., have secured billions in financing for their Dell bid, a new report claims.
The investors have secured $5.2 billion in loans from several banks and institutional investors, Reuters is reporting, citing people who claim to have knowledge of the deals. Those funds will help Icahn and company finance their Dell buyout proposal.

According to Reuters’ sources, the $5.2 billion includes a 6-year loan worth $2.2 billion, as well as a 3.5-year loan for $3 billion. The…

Link: Carl Icahn, Jefferies nab $5.2B to finance Dell deal — report

link

About The Author

RSS Hot Search Trends

Archives

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 379 other subscribers