Wilbur Ross Is Winning Bidder for American Home Unit (Update3) (Bloomberg.com)
Story date: 2007-10-05 11:04:53
Added on: 2007-10-05 12:00:23
Oct. 5 (Bloomberg) -- Wilbur L. Ross Jr., who became a billionaire by investing in failed steel and textile companies, won the bidding for the loan-servicing unit of bankrupt American Home Mortgage Investment Corp. with a $435 million offer.
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