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Tuesday, Jul 2
"I believe that Carl Icahn sincerely wants to buy Dell (DELL) ... At the same time, I...
"I believe that Carl Icahn sincerely wants to buy Dell (DELL) ... At the same time, I don't believe he has a shot at it," says CNNMoney's Dan Primack. $3.1B of the $5.2B in loan commitments secured by Icahn come from Icahn affiliates, more than the $2B he originally promised to provide if necessary. Primack: "Most lenders didn't want anything to do with [Icahn's] Dell deal ... And if lenders are saying no, why does he think equity holders will be any different?" Dell's closing price today suggests most investors are equally downbeat on Icahn's prospects. (earlier) (dealBreaker)