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IBM's Buyback Binge Includes $11.5B Loan

By BRIAN BERGSTEIN , AP Technology Writer, Technology / Other
(AP) -- IBM Corp. disclosed Tuesday that it is taking on $11.5 billion in new debt to finance an aggressive acceleration of its stock repurchase plan, which the company believes is one of the largest such steps ever.



Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .




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