Corporate Bond Market's Merger Fever Leaves Some Buyers Cold

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Corporate Bond Market's Merger Fever Leaves Some Buyers ColdUnfortunately for them, investors are showing some signs of getting warier. International Business Machines Corp. and Bristol-Myers Squibb Co. both sold about $20 billion of bonds this week to fund acquisitions. Companies including 3M Co., Fidelity National Information Services Inc., T-Mobile USA Inc. and Anadarko Petroleum Corp.’s ultimate buyer are among the corporations expected to issue bonds to finance takeovers.


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