HD Look Out Below - Big price cut for unit sale

Discussion in 'Stocks' started by Cdntrader, Aug 26, 2007.

  1. Big price cut for unit sale

    After banks balk at financing, Home Depot, equity groups revise terms of sale of wholesale supply unit. Price cut from $10.3 billion to $8.5 billion. Home Depot guaranteeing $1 billion of debt, will take equity position. (wsj.com)