Cerberus Kills Innkeepers Deal as Buyouts Show Signs of Stress - Bus...

08/22/11

Cerberus Kills Innkeepers Deal as Buyouts Show Signs of Stress
BusinessWeek
Financing evaporated in the wake of the record subprime-mortgage defaults and the bankruptcy of Lehman Brothers in 2008. The deepening global recession also led companies to reduce their profit and sales forecasts, raising questions about whether they ...

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