A fascinating bankruptcy battle is likely to unfold in Energy Future Holdings… The crown jewel is the 80% stake in Oncor, the Texas utility… Warren Buffett wants to buy; he rarely raises his bids… Paul Singer holds the blocking position; he rarely gives up… The Texas PUC is the Kingmaker… The Wall Street Journal has the story: Warren Buffett and Oncor: Let the Battle of the Billionaires Begin?
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