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CVS borrows $40 billion for Aetna in 3rd-largest bond sale

Bloomberg CVS Health Corp. completed the third-largest corporate bond sale on record to fund its acquisition of Aetna Inc., testing the appetite of a market that’s off to its worst annual start in decades. The pharmacy giant issued $40 billion of investment-grade debt in a nine-part offering, people with knowledge of the matter said. That’s surpassed only by Verizon Communication ...

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EU signals ‘concern’ over Trump tariffs

Bloomberg The European Union voiced mounting concern over US President Donald Trump’s plan to impose punitive import tariffs, as Germany signalled alarm over the resignation of pro-trade Trump adviser Gary Cohn in an emerging trans-Atlantic dispute over protectionism. “We hope that eventually this initiative from the US side will not be followed through,” European Commission Vice President Valdis Dombrovskis said ...

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BlackBerry’s Facebook suit latest in patent battle

Bloomberg BlackBerry Ltd., seeking ways to stem revenue declines, is dusting off its old patents and asking other companies to pay up for using technology BlackBerry claims it invented years ago. The latest skirmish broke out, when BlackBerry sued Facebook Inc in federal court in Los Angeles, claiming the social media giant has built swaths of its empire on messaging ...

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