youngj

Can Cerberus Survive the Hole It's Digging?

I'm not sure it will impact them so significantly. The $100 million breakup fee they paid United Rentals has got to go a long way towards them feeling better about the transaction not going through. If I were a middle market company CEO, I wouldn't mind a 'free' $100 million for my company and a bit of a roller coaster in my stock price.