KKR Hit With $250 Million Penalty Over Antitrust Violations (UPDATED)
KKR & Co. is set to pay a $250 million civil penalty after the private equity firm allegedly violated the Hart-Scott-Rodino Act.
KKR, a big investment company, has to pay $250 million because it broke rules about asking permission before buying other companies. When a company gets penalized, it shows regulators are watching to make sure deals are fair and honest.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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