Home Depot drops price in supply business sale; could fuel market jitters (Minneapolis-St. Paul Star Tribune)


Home Depot was forced to drop the sale price of its commercial supply business by nearly $2 billion on Sunday, according to people involved in the negotiations, one of the first big buyouts to be renegotiated as a result of the recent credit squeeze. The renegotiated deal, which cut the sale price roughly 18 percent, to $8.5 billion, could lead to reconsideration of some other large buyouts that …

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