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Text size [+][-]  Tuesday February 9 2010GLOBAL EDITION

Considered view
19 Nov 2007 20:57

Disproportionate risk taking

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Cerberus and United Rentals are going to court. Cerberus thinks it can pay a fee and walk. United Rentals begs to differ. The legal wrangling may be unique to their deal. But given recent experience, buyout targets are likely to worry less about break fees and more about the certainty of closing deals.

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More stories by:  Lauren Silva Laughlin






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