Guest kumar Posted July 6, 2011 Share Posted July 6, 2011 http://online.wsj.com/article/SB10001424052702304760604576428472473874328.html?mod=googlenews_wsj#articleTabs%3Darticle Warren Buffett's Berkshire Hathaway Inc. is part of a bidding group engaged in exclusive talks to buy the consumer-lending business formerly known as CitiFinancial from Citigroup Inc., said people familiar with the matter. Berkshire rounds out a consortium that includes Centerbridge Partners LP and Leucadia National Corp. bidding for the business, which could fetch more than $8 billion.... ....Centerbridge is a hedge fund and private-equity investor that often scoops up troubled businesses....Berkshire partnered with Leucadia in 2009 to buy Capmark Financial Group Inc.'s commercial-mortgage origination and servicing business, renaming it Berkadia Commercial Mortgage.... Link to comment Share on other sites More sharing options...
mevsemt Posted July 6, 2011 Share Posted July 6, 2011 Sounds like it... http://seekingalpha.com/article/199056-berkadia-commercial-mortgage-a-closer-look Link to comment Share on other sites More sharing options...
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