One piece of the explosive bid-rigging case against the
largest private equity firms appears headed to trial.
A judge yesterday denied a second bid by the firms —
Blackstone Group, Carlyle Group, Goldman Sachs and TPG Capital — to dismiss a
claim by shareholders that they conspired in 2006 to keep down the price of the
$33 billion buyout of HCA.
While the defendants are considering an appeal, sources on
both sides of the case said chances of success are low. The PE firms are facing up to $4.5 billion in
damages on the HCA count, a source close to the situation told the Post….
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