A lawsuit accusing P-E firms of colluding to drive down prices of target acquisition companies...

|By:, SA News Editor

A lawsuit accusing P-E firms of colluding to drive down prices of target acquisition companies is given the green light to move forward by a federal judge. Those charged include Blackstone (BX), Carlyle (CG), KKR, and the P-E arm of Goldman Sachs (GS). Apollo Global (APO) was one of two firms which successfully won dismissal of the suit.