DALLAS (Thomson Financial) - Lone Star Fund V LP has extended its offer to
buy Accredited Home Lenders Holding Co to Oct 5.
Earlier this month, Accredited Home agreed to lower the selling price to
11.75 usd per share from 15.10 usd after Lone Star tried to abandon the deal
because of the lender's deteriorating finances.
Lone Star said it had received 19.15 mln shares, representing about 76.22
pct of the outstanding common stock, as of Sept 21.
tf.TFN-Europe_newsdesk@thomson.com
wj
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