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Under the terms of the agreement, affiliates of CCMP Capital and GSCP will acquire all of the outstanding shares of Triad common stock for $50. GSCP is rated 'CAM2' by Fitch for managing structured finance CDOs. During the four year reinvestment period, the collateral manager, GSCP (NJ), LP (GSC Partners), may annually trade up to 15% of the total portfolio balance as well as any credit risk, credit improved, defaulted or equity securities on a discretionary basis. |
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