Accredited: Lone Star Looks for a Markdown

The buyout firm has reduced its offer price for the mortgage outfitand may still be looking for a way out of the deal

Considering the beating the subprime real estate market has taken this summer, can you fault Lone Star Fund V (U.S.) L.P. for being less than eager to snap up beleaguered mortgage company Accredited Home Lenders Holding Co. (LEND), even at a substantially lower price?

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