Biggest LBO ever ran aground after a wave of deregulation.
By Linda Sandler, Tiffany Kary and Steven Church, Bloomberg News|April 29, 2014 at 09:49 AM
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Energy Future Holdings Corp., the Texas power company Henry Kravis and David Bonderman took private in 2007 in the biggest-ever leveraged buyout, filed for bankruptcy after reaching a deal to cut billions in debt.
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