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Sun Capital Partners: Busy firm helps troubled companies see the lightSome ball players rack up record- breaking stats by getting the big home run once every few games. Others do it by hitting single after single after single. If Sun Capital Partners were a baseball player, it would be the latter. The firm may not often do large deals, but it sure does a heck of a lot of them.
- KKR’s $13B bid for GMAC emerges, vying with Cerberus
Kohlberg Kravis Roberts & Co. is leading a group to buy a controlling stake in General Motors’ lucrative General Motors Acceptance Corp. for between $12.5 billion and $13 billion. The analyst community, meanwhile, remained skeptical that the business could get sold, since it has so many ties to struggling GM.