Movers: Accredited Home Lenders, Dell, Advanced Energy Industries
Accredited Home Lenders (LEND) surged Friday after private-equity firm Lone Star Funds slashed its takeover offer for the ailing subprime-mortgage lender. On Thursday night, Lone Star, which had said that Accredited was unable to satisfy the original $400 million deal's closing conditions, revised its takeover offer for Accredited to $8.50 a share, from the agreed-to price of $15.10.
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