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strbear

Home Depot - Price Fallen By 18%

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Home Depot's board yesterday agreed to sell Home Depot Supply for $8.5 billion to Bain Capital, Carlyle Group and Clayton, Dubilier & Rice, about 18% less than the price hammered out in June when the buyout boom was at its peak.

In addition, Home Depot itself will hold about 12.5% of the unit's equity, people familiar with the matter said, and guarantee some of the debt issued by the banks to finance the acquisition.

Perhaps this is the start of reality?

http://online.wsj.com/article/SB1188170848...p_us_whats_news

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