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Private-Equity Cash Piles Up as Takeover Targets Get Pricier

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U.S. private-equity firms, armed with a record amount of cash, are struggling to find ways to spend it.

A year ago, fears of an economic slowdown and worries about trade tensions with China sent a tremor through markets and put some leveraged buyouts on hold. But while stocks rebounded in the new year, buyout activity never fully recovered.

The…

Source: WSJ.com: Markets