Emails Aren’t Quite Smoking Gun In PE Buyout Antitrust Row

Law360, New York (October 16, 2012, 8:43 PM EDT) -- The lawsuit unsealed last week accusing KKR & Co. LP, The Blackstone Group LP and other private equity firms of conspiring to keep prices low on dozens of high-profile buyouts included chummy emails between executives, but attorneys say the case may still face an uphill battle as the firms can argue that any joint bidding didn't violate antitrust law.

The claims brought by former shareholders in more than two dozen companies that went private through leveraged buyouts during much of the 2000s became public Oct. 10...
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