KKR Founders Sued for Allegedly Getting Giant Payday for No Work

KKR Founders Sued for Allegedly Getting Giant Payday for No Work·The Wall Street Journal
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When Henry Kravis and George Roberts handed off the day-to-day management of private-equity firm KKR to their successors in 2021, the two billionaires netted shares now worth more than $650 million. A new lawsuit is accusing the company of paying Kravis and Roberts but getting nothing in return. A spokeswoman for KKR said the deal offered substantial benefits to shareholders.

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