Wall Street declined on Monday despite several buyout news.

TXU Corp., Texas' largest power company, said on Monday it has agreed to be sold to a group of private-equity firms for about 32 billion U.S. dollars.

Kohlberg Kravis Roberts & Co. and Texas Pacific Group led a group financial companies will also assume about 13 billion dollars in debt.

Meanwhile, Station Casinos Inc., agreed to be bought by a private equity firm started by the company's founding family.

However, the buyout news were unable to stop markets from a three-day-slide.

The Dow Jones industrial average fell 15.22, or 0.12 percent, to 12,632.26. The Standard & Poor's 500 index was down 1.82, or 0. 13 percent, at 1,449.37, and the Nasdaq composite index fell 10.58, or 0.42 percent, to 2,504.52.

Source: Xinhua