PE Firms Play With Fire In Chinese Co. Buyouts

Law360, New York (January 13, 2012, 3:06 PM EST) -- Chinese companies that raced to go public in the U.S. a decade ago are now scrambling to escape an inhospitable market, giving private equity firms the chance to make a killing if they can maneuver past the pitfalls and take the right company private, attorneys told Law360.

Chinese businesses stampeded to the U.S. for the prestige of listing here as well as access to abundant capital, but a series of highly publicized fraud cases have cast a radioactive pall and decimated stock prices, leading many businesses...
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