E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/3/2008 in the Prospect News Special Situations Daily.

Greenfield Partners' affiliate one step closer to acquiring Clayton Holdings

By Lisa Kerner

Charlotte, N.C., June 3 - The Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period in the pending acquisition of Clayton Holdings, Inc. by an affiliate of a fund managed by Greenfield Partners, LLC, according to a government release.

It was previously reported that the Greenfield Partners affiliate would acquire Clayton, a Shelton, Conn., information and analytics company, for $6 per share, or some $134 million including repayment of $23.8 million of debt.

Clayton's board of directors approved the deal, which is expected to close in the third quarter of 2008, a prior news release stated.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.