Private-Equity Cash Piles Up as Takeover Targets Get Pricier

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Private-Equity Cash Piles Up as Takeover Targets Get Pricier

U.S. private-equity firms, armed with a record amount of cash, are struggling to find ways to spend it.
A year ago, fears of an economic slowdown and worries about trade tensions with China sent a tremor through markets and put some leveraged buyouts on hold…
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