When Texas Utilities Company (TXU) wanted to buy Energy Group, the latter is necessary for the spin-off of its mining assets, Peabody Coal, to avoid a conflict with the competition authorities. In this case, an investment banker, TXU, at Lehman Brothers, as to whether to acquire Peabody Coal in $ 2.7 billion transaction. "Hide
by Nabil N. El-Hage, Cedric A. Lucas Source: Harvard Business School 20 pages. Publication Date: October 20, 2008. Prod. #: 209009-PDF-ENG