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Credit Squeeze May Stall Recent Takeovers, Deals

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Credit Squeeze May Stall Recent Takeovers, Deals

Economy

Credit Squeeze May Stall Recent Takeovers, Deals

Credit Squeeze May Stall Recent Takeovers, Deals

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Some big deals for major American companies could be on ice now because of the credit crisis. Chief among them are real estate magnate Sam Zell's takeover of the Tribune Co. and deals for Clear Channel Communications and Hilton Hotels.

Much of the busy merger activity in recent months has been fueled by large amounts of debt. Now, borrowing has become much more difficult.