Tuesday, July 3, 2007

Buyout firm KKR files for $1.25 bln IPO

(Reuters) - Unlike the Blackstone IPO, however, KKR's owners are not selling any common units or receiving any net proceeds.




Blackstone's co-founders, Stephen Schwarzman, 60, and Peter Peterson, 81, earned a huge windfall from the Blackstone offering, pocketing more than $2.4 billion between them.


Read more at Reuters.com Government Filings News

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