Washington Mutual bank explores takeover possibilities: report Thu Sep 25, 10:00 AM ET The troubled US bank Washington Mutual has approached certain private equity firms as possible candidates to take it over, the Wall Street Journal reported on Thursday. The private investment groups approached include Carlyle Group and Blackstone Group, which may team up with Texas billionaire Gerald Ford, the daily said, citing sources familiar with the matter. Questions have arisen over Washington Mutual's future since last week's dramatic collapse of investment giant Lehman Brothers and the government rescue of insurance group AIG.
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Washington Mutual bank explores takeover possibilities: report (WaMu giving itself up)
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