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Reuters: Private equity group buying IndyMac assets

Started by chris, January 04, 2009, 06:02:23 PM

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chris

Private equity group buying IndyMac assets
      


WASHINGTON/NEW YORK (Reuters) - The assets of failed U.S. mortgage lender IndyMac are being bought by a group of private equity and hedge fund firms, including Dune Capital Management and J.C. Flowers &amp; Co, which are putting up $1.3 billion in cash.<div class="feedflare">
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