Deal announced: 03/20/2007
Deal withdrawn: 10/01/2007
Investors: Cerberus Capital Management
Value of the deal: $8.2 billion
Cerberus was pushing to get the deal done before the credit crisis hit, and even had an exclusive agreement with ACS founder Darwin Deason to take the company private.
But they didn't move fast enough. Cerberus cited credit market conditions and terminated the deal.
NEXT: SLM Corp. (student loan provider)