Wednesday, January 2, 2008

Recent News Releases: PHH Deal Ends and EU Deadline

Ahead of the Bell: PHH calls off deal
Lending further evidence to the troubles in the mortgage market, PHH Corp. (NYSE:PHH) called off a deal that would have split and sold the company to private equity firm Blackstone Group and General Electric Capital...

PHH ends deal with GE, Blackstone
Mortgage and vehicle fleet company PHH Co said on Tuesday it terminated its nearly $2 billion sale to General Electric Co...

EU inquiry deadline for Credit Suisse, GE, Mubadala investment jv Feb 4
The European Commission said its inquiry deadline for Credit Suisse Private Equity Inc and General Electric Company Inc's proposed investment management joint venture with...

PHH Ends Proposed Merger with GE, Blackstone
Mortgage and vehicle fleet company PHH Corp said on Tuesday it terminated its nearly $2 billion sale to General Electric Co and...

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