Lone Star-Merrill deal marks power shift to funds - Reuters

Story date: 2008-07-29 01:23:00
Added on: 2008-08-01 06:41:59

NEW YORK (Reuters) - Lone Star's deal to buy bad loans from Merrill Lynch & Co signals a growing power shift as private equity firms mop up after the yearlong credit crisis. Merrill Lynch said on Monday it will take a $5.7 billion third-quarter write ...


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