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Accredited Home sues Lone Star to keep merger on track

posted 234 weeks ago on Mortgage Insider

Accredited Home Lenders Holding Co. said today it has sued private investor Lone Star Funds, seeking to force it to complete the $400 million takeover of the subprime lender, reports Reuters. Here's more from Reuters: Lone Star had agreed in June to pay $15.10 per share for San Diego-based Accredited. On Friday, however, Lone Star said it [...]
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