Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, March 21, 2007

TXU Buyout May Not Happen

The $45 billion buyout of Texs utility TXU -- described as the biggest private equity deal ever -- may not happen, as the two equity funds, KKR and Texas Pacific, threaten to walk away if the Texas legislature goes through with plans to require regulatory approval of the deal.  See NY Times, Texas Lawmakers and Bidders Are at Odds Over TXU Deal

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