Filed under: Deals, Private equity, Clear Channel Commun (CCU), SLM Corp (SLM), Blackstone Group L.P (BX)

For the private equity space, it’s been a mixed bag this week. The good news is that the $17.1 billion acquisition of Harrah’s Entertainment got done (the largest casino deal in history). The buyers included TPG and Apollo Global Management LP.

But there was some bad news too — it looks like Blackstone (NYSE: BX)’s proposed buyout of Alliance Data Systems (NYSE: ADS) is on the rocks.

So, in this environment, it’s understandable that Wall Street is jittery with buyout deals. Just look at the pending buyout of Clear Channel Communications (NYSE: CCU).

Continue reading Clear Channel buyout — even more more static

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This entry was posted on Wednesday, January 30th, 2008 at 1:13 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.