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Carlyle Group May Bid for Fairchild Industries

Associated Press

A unit of Carlyle Group LP has purchased almost 10% of Fairchild Industries Inc.'s common stock for about $16.8 million, according to documents filed with the Securities and Exchange Commission.

Carlyle Group, a Washington-based private merchant banking and investment firm, stated in its SEC filing that it was exploring the possibility of acquiring all of the outstanding common stock of Fairchild in a friendly transaction.


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