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Tuesday, March 29, 2005

Private equity firm's have money to spend

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The Carlyle Group just wants you to know, it's got a lot of cash. More than $10 billion, they told us today. And that's a first for a private equity firm's buyout fund. So what will Carlyle do with all that money? And how long before other firms catch up? Alisa Roth reports from New York.

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