Top 10 Worst Biz Deals
dd
6. KKR and Goldman Sachs Break Up with Harman
Private equity shop Kohlberg Kravis Roberts & Co. and Goldman Sachs Group's private equity unit pulled out of their $8 billion offer to buy high-end audio equipment manufacturer Harman Industries International, claiming a "material adverse change" in Harman's business. Harman's stock plummeted more than 20%.
Related Links
americas
, economy
, companies
, M&A
, finance
Most Popular
Related Galleries (54)
-
The euro area's economy (7 photos)
Finance is in retreat. The service-led economies of America and... -
President Bush Discusses Economy (5 photos)
On September 19, 2008, President Bush outlined decisive government... -
Ideas for boosting America's economy (8 photos)
Barack Obama was elected on a wave of jubilation and a big majority... -
Why South Africa's economy is slowing (8 photos)
Power cuts and lower consumer demand will mean less growth.