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Business版 - TXU: Hopes Dashed for a Bidding War
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A*******y
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Monday, TXU said it received no firm offers from other would-be buyers,
dashing hopes that a bidding war would erupt over the largest private-equity
deal yet planned.
Today, the Financial Times, via the Australian newspaper, reports on one
story behind that announcement, namely the breakdown of takeover talks
between TXU and a buy-out team led by Blackstone Group, and ruminates on the
reasons: “One theory about why the Blackstone group decided not to move
forward with a counter-bid was that its
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话题: txu话题: hopes话题: bidding话题: war话题: blackstone