Bankruptcy: No Obstacle to Private-Equity Profits

Megan Barnett has not one but two excellent articles on Portfolio.com today. This morning she checked in on the Citadel IPO story, concluding that for all the buzz, it still ain’t gonna happen. This afternoon, she tells the story of a private-equity firm, Clayton, Dubilier & Rice, which bought Allied Van Lines, steered it into bankruptcy, and s…
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  5 February, 2008| Economy | @ 23:04

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