Friday, April 20, 2007

H&R Block to sell Option One to Cerberus Capital affiliate

(Reuters) - According to the terms of the deal, the cash purchase price will be the value of the tangible net assets of the business at the date of closing, less $300 million. As of January 31, the tangible net assets of Option One were $1.27 billion.




Read more at Reuters.com Bonds News

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