Thursday, April 19, 2007

TXU still on the block

From a story on Channel 5's web site:
TXU Says KKR-Texas Pacific Bid Still Biggest
DALLAS -- Electric utility
TXU Corp. said Wednesday it is going ahead with a $32 billion sale to buyout firms Kohlberg Kravis Roberts & Co. and Texas Pacific Group after no better offers surfaced during a solicitation period that ended this week.

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