Power Group Online Article |  | |
18 April 2007 -- TXU Corp. said the "go-shop" process related to its pending acquisition with an investor group led by Kohlberg Kravis Roberts & Co. and Texas Pacific Group has ended. The company said no proposal was received that could "reasonably be expected" to result in a proposal superior to the definitive merger agreement announced February 26. Under the terms of the merger agreement, shareholders will be paid $69.25 a share following closing.
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