KKR-Led Group to Buy TXU for $45 Billion

Citigroup names Crittenden CFO; Dow Chemical reportedly to become LBO target; plus more stocks in the news Monday
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TXU (TXU) Inks a deal under which an investor group led by KKR and Texas Pacific Group will acquire TXU in a deal valued at $45 billion, or $69.25 per TXU share.

Citigroup (C) Names Gary Crittenden as Chief Financial Officer.