HEADLINE NEWS
Paulson to Buy Gulfstream Aerospace, Learjet Corp.
WASHINGTON Allen E. Paulson and Forstmann Little & Co. are purchasing Gulfstream Aerospace Corp. for $825 million and have signed a letter of intent to acquire Leaijet Corp. for $60 million. Under terms of the Gulfstream agreement, the company is being bought for cash and is fully financed, according to a Gulfstream official.