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Business Forum PHH ends proposed merger with GE, Blackstone at News Forum - Reuters - Mortgage and vehicle fleet company PHH Corp said on Tuesday it terminated its nearly $2 billion sale to ...

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Old 01-02-2008, 05:02 AM   #1
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Default PHH ends proposed merger with GE, Blackstone

Reuters - Mortgage and vehicle fleet company PHH Corp said on Tuesday it terminated its nearly $2 billion sale to General Electric Co and Blackstone, after the private equity firm failed to obtain required financing for the deal.



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