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Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:04 EDTKKRKKR's Kravis: People selling companies want it done before year's end, WSJ says
Not knowing if the capital gains tax will increase, many business are quickly moving to close deals before year's end and take the gains at the current tax rate, reports the Wall Street Journal. At KKR,(KKR), co-chairman and co-CEO Henry Kravis says the firm is “seeing right now a lot of people saying if you want to buy my company you have to close it by December 31st.” About the fiscal cliff, Kravis says the people in Washington have “got to solve the problem,” and that they should “quit acting like youngsters and let’s do which is right for the country.” If a deal isn't reached, the tax may go to as much as 23.8% from the current 15%.Reference Link
News For KKR From The Last 14 Days
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October 23, 2014
08:04 EDTKKRKKR reports Q3 adjusted ENI 50c, consensus 44c
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06:16 EDTKKRPetSmart attracts interest from KKR, NY Post reports
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October 22, 2014
13:37 EDTKKRPE firms may bid on Bayer's MaterialScience unit, Reuters says
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October 17, 2014
06:40 EDTKKRSysco aiming for asset sales to help complete US Foods deal, Reuters says
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October 16, 2014
06:39 EDTKKRKKR announces minority investment in arago AG
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October 14, 2014
13:09 EDTKKRGlaxoSmithKline seeks binding bids for mature drugs, Reuters reports
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