BRIEF-Blackstone, KKR, TPG Capital to pay $325 million in LBO collusion settlement

Thu Aug 7, 2014 11:24am EDT

Aug 7 (Reuters) - Blackstone Group LP : * Kkr, TPG Capital agree to pay combined $325 million to settle lawsuit

alleging collusion in leveraged buyouts -- court filing * Kkr, TPG will apportion responsibility for the payment amongst themselves --

court filing * Kkr, TPG do not admit liability or wrongdoing in agreeing to settle -- court

filing

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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