Billionaire eyes American Home Mortgage unit (Newsday)
Story date: 2007-09-21 04:02:00
Added on: 2007-09-22 09:00:13
In what could be the beginning of the end for American Home Mortgage, billionaire financier Wilbur Ross Jr. has offered to pay up to $435 million for the company's loan servicing division, which is its only operational business unit.
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CORRECTED - Ross's bid wins American Home Mortgage unit (Reuters via Yahoo! Singapore News)
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CORRECTED - Ross's bid wins American Home Mortgage unit (Reuters via Yahoo! Malaysia News)
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