A record LBO in the making? $100 billion?

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You've got to be kidding. There is a lot of talk that Kohlberg Kravis Roberts and Texas Pacific are pondering a buyout of Home Depot--one that would be valued at around $100 billion. This is just getting silly. But no one is discounting it as a possibility. The New York Post says that in the past several weeks, various firms have held talks with Wall Street investment banks about possible debt financing for the deal. Other reports hold that investment bankers have contacted Home Depot's directors to feel out their interest in such a transaction. I would think a hostile deal of this magnitude would be less likely. Greg Brenneman, a Home Depot director, is said to be in favor of a buyout. Stay tuned.

For more on this:
- Here's the New York Post article
- Also, recall the fun talk about the an LBO of Microsoft recently?