The TCW Deal Is Back On
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Monday, December 03, 2012

The TCW Deal Is Back On

It looks like the TCW Group [profile] sale from Societe Generale to Carlyle is back on at least for now.

The acquisition of the firm by Carlyle has been allowed by the ruling of a Los Angeles federal judge, according to a Reuters report.

This comes after a federal judge blocked the sale last month.

The sale was originally stopped because energy company EIG, formerly a part of TCW, claimed they had a right to approve the sale.

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