Home Depot (HD) is reportedly ready to accept $1.2 billion less for its wholesale distribution business, nearly a 12% discount, if financing can be arranged.
There's another billion and change that just disappeared.
via cnbc.com
Added 8/28/07:
The original price in June was reported as $10.3 billion which would make to discount 14.5%.
Friday, August 24, 2007
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