Thursday, March 29, 2007
TXU Faces $210 million Fine from Texas
The $32 billion buyout of Texas utility TXU by KKR and other investors may be more difficult after Texas energy regulators recommended a $210 million payment for allegedly manipulating the energy market two years ago. See WSJ, TXU Could Face $210 Million Payment.
https://lawprofessors.typepad.com/securities/2007/03/txu_faces_210_m.html