Daily News: June 25, 2013

Reuters: Jefferies Sets Pricing on Loan for Icahn’s Dell Bid

Reuters reported that Jefferies & Co. defined price guidance on the $5.2 billion in term loans backing Carl Icahn’s bid for Dell.

According to Reuters, Icahn is expected to have the $5.2 billion financing lined up for a July 18 shareholder vote on founder Michael Dell and Silver Lake Partners’ buyout offer for $13.65 a share, or $24.4 billion.

To read the entire Reuters story, click here.

Previously on abfjournal: WSJ: Dell CEO Presses Case for Buyout, June 24, 2013