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The year in private equity

What started out as a banner year for buyout deals quickly soured when the credit crisis hit. A look at the biggest stories of the year, and what's in store for 2008.

Deals go bust
Deals go bust
Deals fall apart at an alarming speed. SLM Corp., better known as Sallie Mae, files suit against a group led by private equity firm J.C. Flowers after the buyers pull out of the takeover.

The $2.2 billion buyout of database manager Acxiom is called off. KKR and Goldman Sachs back out of their buyout of Harman International Industries and instead agree to invest $400 million in the company.

Jan.

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March

April

May

June

July

Aug.

Sept.

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Nov.

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