Wednesday, April 30, 2014

Utility's Demise Is a Boon for Blackstone

After getting shut out of the buyout of TXU in 2007, Blackstone bought up the company's debt at a discount. Now the private-equity group and its credit arm are profiting from the megadeal's collapse.



from WSJ.com: US Business http://ift.tt/1kk99uh

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