TXU Buyout

Buffett purchased TXU securities for 95 cents on the dollar.

Finally, there is power in the light at the end of the tunnel.

The accused' lawyer is predicting a full acquittal.

Over 95% voted in favor of the merger.

TXU has rebuffed the demands of the special interest groups.

According to TXU, not voting is no different than voting against the buyout.

This would be the first time in recorded history a corporation has bit off more than it could chew.

The deal also contains price protection through December 2008.

Just another example of the SEC infringing on capitalism at its most efficient.

The utility company will report its 1st-quarter results on Wednesday.

He got the inside dope on top-level deal-making because his desk was near the company printer.

No superior bids were presented during the 50-day time period.

The partnership was never finalized, and could have created complications for the proposed buyout.

The shady backroom saga continues with allegations of legal threats against a buyer.

This guy always shows up at the weirdest times.

TXU says the original bid is thus far the best.

A further 4% reduction might be forthcoming, depending on the proposed buyout.

A couple of leveraged-buyout superstars are doing their best to prevent the state legislature from hampering a deal. Wait, did you say superstars? Yes. All the hot parties. The hotel suites. As much senior subordinated debt as you could ever want in your life. It's unreal, man.

"No one can earn a million dollars honestly," said William Jennings Bryan in another century.