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Mervyn's Creditors Land $166M Deal In PE Buyout Suit

By Lance Duroni (October 9, 2012, 3:49 PM EDT) -- Creditors of Mervyn's LLC scored a $166 million settlement in litigation over a 2004 leveraged buyout where several private equity firms allegedly leeched valuable real estate assets out of the department store chain, according to documents filed Friday in Delaware bankruptcy court....

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