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Hot LBO Market Takes Hit

As big-time deals struggle to manage debt, beware the Trojan piggy bank

By Sam Gale Rosen,  Newser Staff

Posted Jun 8, 2007 9:40 AM CDT

(Newser) – The red-hot market for LBOs may be hitting a long-awaited rough patch. Several big deals—including Apollo's $1.3 billion Linens 'n Things buy and the multigroup $17.6 billion acquisition of Freescale Semiconductor Holdings—have turned sour, with the companies struggling to generate enough...   Read full story »

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