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Home Depot Deal Renovated

Price for wholesale unit slashed

Posted Aug 27, 2007 5:37 AM CDT

(Newser) – The sale of Home Depot's wholesale supply unit—threatened by the credit crisis —is going ahead after tense negotiations between Home Depot, private equity firms buying the company and banks providing the financing. Home Depot slashed its price 18% to $8.5 billion and...   Read full story »

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