- KKR Financial (KFN -0.6%) doesn't give much color on its earnings call about the timing of its takeover by KKR other than to say the deal awaits approval by KFN shareholders. The S-4 filed by KKR on January 15 is under review and has not yet become effective.
- As for KFN, it ended the year with book value of $10.58, up form $10.42 at the end of Q3. Shareholders will get 0.51 shares of KKR for every share of KFN they own. KKR is currently trading at $24.43, putting KFN's value at $12.46, a couple of percent less than the deal was worth when announced back in mid-December.
- Earlier: KKR Financial Q4 results
From other sites
at Zacks.com (Mar 12, 2015)
at CNBC.com (Mar 6, 2015)
at MarketWatch.com (Jan 8, 2015)
at Benzinga.com (Dec 31, 2014)
Walgreens and Alliance Boots Complete Step 2 of Merger to Form First Global Pharmacy-Led, Health and Wellbeing Enterpriseat Benzinga.com (Dec 31, 2014)
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