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TXU Sold to Private Equity Group

Monday, 26 Feb 2007 | 12:00 PM ET

TXU, Texas' largest electricity producer has agreed to be sold to a group of private-equity firms for about $45 billion, including debt, in what would be the largest private buyout in U.S. corporate history. CNBC's Simon Hobbs talks to Dennis Berman, Mergers and Acquisitions Reporter at The Wall Street Journal.