Tuesday, August 28, 2007

Home Depot Cuts Supply Unit Price to $8.5 Billion (Update3) (Bloomberg.com)

Aug. 27 (Bloomberg) -- Home Depot Inc., the world's biggest home-improvement retailer, agreed to sell its construction- supply unit for $8.5 billion, cutting the price by 18 percent after the U.S. credit squeeze curbed demand for leveraged-buyout debt, three people familiar with the agreement said.

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[Source: Yahoo! News Search Results for home equity loan]

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