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Potential takeover of buy-to-let lender Paragon by private equity group

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  • Potential takeover of buy-to-let lender Paragon by private equity group

    Shares in Paragon, a leading provider of specialist finance for property investors, have fallen by almost 90% in the past year as a result of the credit crunch. Although Paragon announced record profits in 2007, it is facing severe difficulties raising money.Back in November 2007, Paragon advised its shareholders that unless it raised an extra [...]

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