Moody's Investors Service on Monday placed Dell Inc.'s Ba2 corporate family rating on review for an upgrade, following the news that Michael Dell and partners are buying ECM Corp. in a $67 billion deal. The move reflects the view that "despite the significant increase in debt and initial leverage, Dell's overall credit profile will be enhanced with the acquisition of EMC, a merger that will create the largest private technology company in the world based on revenues," said Moody's. Standard & Poor's earlier affirmed its BB-+ rating on Dell, but placed its long-term ratings on review for a possible downgrade.
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