Lone Star closes on Accredited purchase

Story date: 2007-10-13 01:21:00
Added on: 2007-10-13 05:01:02

San Diego Union-Tribune - Texas private equity firm Lone Star completed its $295 million purchase of struggling subprime mortgage firm Accredited Home Lenders. Lone Star paid $11.75 per share for San Diego-based Accredited, which specializes in mortgage loans to borrowers ...


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