New Deal for Forstmann-Leff May be Difficult

Sorondo, Marc
November 2005
Investment Management Weekly;11/7/2005, Vol. 18 Issue 42, p1
Reports on the decision of Old Mutual Asset Management to discontinue its plans to purchase Forstmann-Leff Associates on November 1, 2005. Significance of the debacle at Forstmann-Leff's parent company Refco Group Holdings to the decision; Charges faced by Refco Chief Executive Phillip Bennett; Implication of Refco's bankruptcy filing on the sale of Forstmann-Leff according to an industry source.


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