(Reuters) - NEW YORK, April 2 - Texas power company TXU Corp. , which in February agreed to a $32 billion takeover by Kohlberg Kravis Roberts & Co. and Texas Pacific Group, said on Monday that it did not expect a superior bid.
TXU said it had not received any competing offers and that its financial adviser, Lazard Ltd. , had told the independent board committee reviewing the takeover that it did not believe the company would receive a superior proposal to the KKR and TPG bid.
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