{"id":6972,"date":"2008-01-10T00:00:00","date_gmt":"2008-01-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ice-maker-in-talks-with-hedge-fund-on-new-buyout-terms","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2008\/ice-maker-in-talks-with-hedge-fund-on-new-buyout-terms.html","title":{"rendered":"Ice Maker in Talks With Hedge Fund on New Buyout Terms"},"content":{"rendered":"<p>New York Times &#8211; Reddy Ice Holdings, a producer of packaged ice, said Wednesday that it was in talks to revise a $1.1 billion deal to be bought by a hedge fund, GSO Capital Partners.        <\/p>\n<p>The deal was called into question in September when <a title=\\\"More information about Morgan Stanley\\\" href=\\\"http:\/\/topics.nytimes.com\/top\/news\/business\/companies\/morgan_stanley\/index.html?inline=nyt-org\\\">Morgan Stanley<\/a>, which had agreed to provide about $700 million of debt financing, said it might withdraw. In October, Reddy Ice posted lower-than-expected third-quarter results.<\/p>\n<p>Reddy Ice said it held talks with GSO Capital on Friday regarding the deal and &rdquo;conceptual discussions regarding a modified transaction.&rdquo; No decisions have been reached and talks continue, Reddy Ice said.<\/p>\n<p><a href=\\\"http:\/\/www.google.com\/news\/url?sa=T&#038;ct=us\/2-0&#038;fd=R&#038;url=http:\/\/www.nytimes.com\/2008\/01\/10\/business\/10ice.html%3Fref%3Dbusiness&#038;cid=1126093342&#038;ei=yCGGR5DjDqiGqwPl_8HICw\\\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Times &#8211; Reddy Ice Holdings, a producer of packaged ice, said Wednesday that it was in talks to revise a $1.1 billion deal to be bought by a hedge fund, GSO Capital Partners. The deal was called into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6972","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6972"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6972\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}