Shanda Carlye

Carlyle pulls out of $1.9b Shanda take private

The private equity firm backs out of deal to take US-listed Shanda Games private for $1.9 billion. The news comes as investors push back on leverage loan pricing.

Private equity firms Carlyle, Primavera and Fountainvest have pulled out of taking Nasdaq-listed Shanda Games private for $1.9 billion, the online gaming company said Wednesday.

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