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Tech Industry

Short Take: Digital retires $250 million in debt

Digital Equipment said it retired $250 million of its 7 percent notes that matured this past Friday. With the retirement of these notes, the company has $750 million remaining on the books for its long-term debt.

Digital Equipment said it retired $250 million of its 7 percent notes that matured this past Friday. With the retirement of these notes, the company has $750 million remaining on the books for its long-term debt.