Wednesday, December 12, 2007

Northern Rock Shares Decline After Report Cerberus Dropped Out
Bloomberg - USA

... fell 7.1 percent in London trading after the Times reported Cerberus Capital Management LP has dropped out of the running to buy the bank. ...
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H&R Block posts wider loss due to mortgage unit charges

Boston Globe - United States
4 when a proposed sale to Cerberus Capital Management collapsed and 620 jobs were cut. "What's always a weak quarter was even weaker because of continuing ...
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