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Verso's IPO Is Bad News For Private-Equity Firms.

Authors :
Cowan, Lynn
Source :
Wall Street Journal - Eastern Edition. 5/16/2008, Vol. 251 Issue 115, pC12. 0p.
Publication Year :
2008

Abstract

The article reports on the depressed initial public offering (IPO) of Verso Paper Corp. It shows that private-equity firms are having difficulty selling companies. Likewise, the frozen credit markets make the buyouts of companies difficult for private-equity firms. Verso is the creation of Apollo Management LP. Verzo's problem is stated to be bad news for private-equity firms and the reasons are explained.

Details

Language :
English
ISSN :
00999660
Volume :
251
Issue :
115
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
32207220