Very Early in '08, A Failed Deal Harks Back to '07.

Autor: Cimilluca, Dana
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Zdroj: Wall Street Journal - Eastern Edition. 1/2/2008, Vol. 251 Issue 1, pC1-C3. 2p.
Abstrakt: The article reports on a failed merger attempt by PPH Corp. On January 1, 2008 the company indicated that the deadline for its completion of its $1.7 billion acquisition to buy Blackstone Group LP and a unit of General Electric Co. had lapsed and that the proposed deal would be terminated. The impact the failure of the merger will have on Blackstone's relationship with J. P. Morgan Chase & Co., which had agreed to finance the deal, and on other pending mergers, is presented.
Databáze: Regional Business News