Academy Sports Stake Being Sold by KKR
Investment entities owned by ASO’s former controlling shareholder, KKR will sell their remaining 18,645,602 shares in the retailer, at a proposed maximum offering price of $42.26 per share, for a total of $788 million. Academy itself will buy $200 million of the shares as part of its $500 million share repurchase program, and will then retire the ... Log in to view full article.
