Tuesday, July 3, 2007

PRESS DIGEST - New York Times business news - July 4

(Reuters) - * Less than two weeks after the Blackstone Group ,
its archrival, started trading as a public company, Kohlberg
Kravis [KKR.UL] filed documents late yesterday to raise $1.25
billion.




* The Detroit automakers' share of the American car market
fell to a record low in June, statistics showed on Tuesday,
foreshadowing another summer of deep discounts, cheap car loans
and deals on leases.


Read more at Reuters.com Mergers News

No comments: