TXU’s buyout boys hire bailout buddies
It’s not surprising KKR and TPG are looking to unload TXU, but first, they need to give the company a debt makeover if they ever expect to bail themselves out of what’s become one of the most disastrous leveraged buyouts of all time. More »
Chesapeake offers its workers ‘voluntary separation’
Cash-strapped Chesapeake Energy Corp. has offered “voluntary separation” to about 275 employees as part of an effort to improve efficiency and cut costs, the company said Friday. More »
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