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The leveraged loan market has been whipped recently. Obviously, it really went into the doldrums as the credit crunch reached its nadir. But then the vultures moved in, including a lot of private... Read more...
With a trial about to start, hedge fund Highfield Capital and Morgan Stanley decided that all parties to the troubled Clear Channel deal should come to some sort of agreement. A jury trial would not... Read more...
The New York Times recounts how Bain Capital and THL Partners officials received a misfired email--one that was meant for anyone but them. It seemed to be all about how the six banks that had agreed... Read more...