Tribune Lenders Sue JPMorgan Claiming Buyout Was Fraud
Excerpts: Tribune Lenders Sue JPMorgan Claiming Buyout Was Fraud When they pushed to close the two-stage transaction, the banks knew the $3.7 billion in financing “was tainted with fraud and other misconduct,” the lenders, who include hedge funds and investors who specialize in distressed debt, said in a complaint filed today in New York state […]
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