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« The New World of Recruiting | Main | Ditch Quarterly Guidance? » June 28, 2007 Biomet: First Horseman of the Apocalypse?A reader pointed out this item at FT's Alphaville about how the market could get spooked if a major private equity deal fell apart: In the light of which, the first apocalyptic horseman to worry about is Biomet, the buyout of which is backed by Blackstone, Goldman Sachs, KKR and TPG, looking to raise $7bn in loans and bonds for the deal, including a $2.6bn cov-lite loan. Personally, I would cheer if the deal fell apart. Posted by edelfenbein at June 28, 2007 10:18 AM |
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