Securities Law Prof Blog

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

A Member of the Law Professor Blogs Network

Monday, April 9, 2007

Would-Be Buyers Critical of TXU

The $32 billion LBO of Texas utility TXU is not going smoothly, as the private equity firms KKR and TPG criticized the company for threatening to close power plants because of a dispute with Texas regulators.  TXU later apologized and said it didn't mean it.  See WSJ, TXU Threat To Shut Plants Angers Buyers.

http://lawprofessors.typepad.com/securities/2007/04/wouldbe_buyers_.html

News Stories | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef00d83543a4c853ef

Listed below are links to weblogs that reference Would-Be Buyers Critical of TXU:

Comments

Post a comment