Icahn Says Private Equity Rush Peaking

Filed under Hedge funds, Carl Icahn
June 28, 2007 5:13 am

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NEW YORK (AP) — Billionaire corporate raider Carl Icahn, the man famed for hostile takeover battles for names such as TWA and RJR Nabisco, said Wednesday that the escalating amount of private-equity deals rushing the market this year has peaked.For years private equity has had a walk in the park,” Icahn said at a conference sponsored by The Wall Street Journal. “I think it’s peaked. But, I don’t mean these guys won’t make money

read the rest published by AP here:

http://biz.yahoo.com/ap/070627/icahn_buyouts.html?.v=2

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