Wednesday, August 29, 2007

Home Depot to net $7.9 billion for HD Supply, keep equity stake (Market Watch)

NEW YORK (MarketWatch) -- Home Depot Inc. on Tuesday said it agreed to sell 87.5% of HD Supply to a trio of private-equity firms for about $8.5 billion -- nearly $2 billion below the original offer for the entire unit -- and keep an equity stake in the business.

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

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