by Bill McBride on 10/22/2007 10:44:00 AM
Monday, October 22, 2007
From MarketWatch: KKR, Goldman cancel Harman deal, to invest $400 mln
[KKR] and Goldman Sachs will cancel their $8 billion takeover for Harman International but invest $400 million in convertible notes ... KKR and Goldman won't be sued and won't have to pay a termination fee under the agreement struck.A pretty clean exit for KKR and Goldman. No pier loans here.
Posted by Bill McBride on 10/22/2007 10:44:00 AM