iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Potential Evidence of Collusion Surfaces in E-mails Between KKR, Blackstone, Bain, and More

“Here’s the case: Shareholders have accused a bunch of private equity titans like KKR, BlackstoneBain Capital and more, of colluding to keep the prices of take-over target companies down, and agreeing on who would buy what. The prosecution is alleging that these firms engaged in bid-rigging, or made “club deals,” to eliminate good old fashioned competition.”

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