Items Tagged with 'Material adverse change'


  • Accredited, Lone Star Agree to Amended Merger

    Accredited Home Lenders Holding Co., after filing its quarterly report for the first quarter earlier today and raising questions of its survival, said this evening after market close that it has agreed to an amended merger agreement that will see the subprime lender acquired by Lone Star for $11.75 a share, or $296 million.
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  • Accredited Sees Lone Star Assert Right to Terminate; Pawns $1 Billion in Loans

    Catching up on the saga at Accredited Home, Lone Star Funds -- the private equity investor who in June had agreed to purchase San Diego-based lender Accredited Home Lenders Co. for $400 million -- said yesterday that it had filed an answer and counterclaims to Accredited's recent lawsuit seeking to force completion of the purchase agreement. From the press statement:
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