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KKR & Co ( (KKR) ) has provided an update.
On January 14, 2025, KKR & Co. Inc., a prominent global investment firm, initiated legal action against U.S. antitrust authorities, including the Department of Justice and the Federal Trade Commission. This legal move comes in response to investigations into KKR’s compliance with premerger notification requirements under the Hart-Scott-Rodino Act for transactions in 2021 and 2022. KKR’s complaint challenges the constitutional validity of the antitrust authorities’ interpretations and penalties under the Act. Concurrently, the DOJ filed a civil complaint against KKR for alleged violations of the HSR Act, seeking civil penalties and equitable relief. KKR, asserting its cooperation over past years, plans a vigorous defense, citing governmental overreach and mischaracterization of its actions.
More about KKR & Co
YTD Price Performance: -5.32%
Average Trading Volume: 3,234,185
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $125.2B
Learn more about KKR stock on TipRanks’ Stock Analysis page.
