Tuesday, August 11, 2009

Distressed-debt deals in 2009 reach $84.4 billion: report

http://www.reuters.com/article/newsOne/idUSTRE57A0SD20090811

"...total value of distressed-debt deals, where creditors use their debt positions to take ownership of troubled companies, has touched $84.4 billion this year, the Wall Street Journal said, at a pace close to double that of 2008..."

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