JC Flowers in talks to buy Northern Rock (AP via Yahoo! News)
Story date: 2007-10-26 10:14:41
Added on: 2007-10-27 02:39:01
U.S. private equity firm J.C. Flowers & Co. said Friday that it is in talks with Northern Rock PLC about a possible takeover bid and named a proposed management team for the troubled British mortgage lender.
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