TheDeal.com offers a nice rundown of the top 10 deals of the boom years, concluding that they are holding up well. This is something of a surprise given the pathetic valuations for leveraged loans and senior debt as well as the tough economic climate. But it's not over until someone defaults, and that doesn't seem to be in the offing. The article notes that some deals look like home runs for the sponsors. TPG and Goldman Sachs Capital Partners may rake in a $1.3 billion profit on their $4.53 billion in Alltel when the sale to Verizon closes. Hilton Hotels is also said to be performing well for the Blackstone Group. One exception is Harrah's, which was supposed to be immune to economic slowdown. But tough times have hit, and Apollo has written down the value of its investment by 25 percent.

For more:
- here's the article from TheDeal.com

Related Articles:
Deal trends not so great in 2008; opportunity?
Deal gone bad; Huntsman's big bet tanks
Possible deals abound involving big-name banks