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(AP Photo/Williston Herald, Jerry Burnes, File)

Warburg is pumping $500 million into a start-up oil producer

The transaction is only the latest foray of buyout firms into the oil industry, as firms raise billions to take advantage of bargains in the oil patch.

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.
Chesapeake Energy-board.JPEG-0bdd2

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.
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