What HD Supply's lower price represents:

08/27/2007 | Wall Street Journal, The

Home Depot's decreased asking price for its HD Supply unit is one example of how shrinking liquidity in credit markets is affecting megadeals and purchases made by private equity firms, according to this article. "Private equity had the upper hand for a while, and banks were falling over each other to get the next deal," Walter Todd, a principal at Greenwood Capital Associates, told Bloomberg. "Now the shoe is on the other foot."

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Wall Street Journal, The

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