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2007 Global Conference: The Eyes of Texas Are Upon the Future of ...

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Editorial Review

If successful, it would be the largest private-equity buyout in history: a $45 billion offer for the giant Texas utility TXU by a group of private-equity firms led by Texas Pacific Group and its founder, David Bonderman. At the 2007 Milken Institute Global Conference, CNBC's Maria Bartiromo headlined a panel featuring Bonderman, Dallas Mayor Laura Miller and former chairman of the Federal Energy Regulatory Commission, Pat Wood III, to debate the TXU deal and the role of private equity and environmental organizations in future energy arrangements.

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