A New York judge ruled against delivery services Uber, DoorDash (DASH), and GrubHub (parent company Just Eat Takeaway — JTKWY) in their motion to block a minimum wage law. AGCO Corporation (AGCO) takes a $2 billion stake in Trimble (TRMB). Lastly, Endeavor (EDR), Fenway Sports Group, and KKR Founder Henry Kravis are reportedly eyeing investing in the PGA Tour. Yahoo Finance Live anchor Josh Lipton highlights several of Thursday's top news stories. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
NEW YORK, September 25, 2023--KKR & Co. Inc. (NYSE: KKR) today announced that Kimberly A. Ross has been appointed to the Board of Directors of KKR & Co. Inc. (the "Company" and, together with its subsidiaries, "KKR") effective September 20, 2023. Her appointment will bring the number of independent directors to ten out of a total of fourteen Board seats.
NEW YORK, September 25, 2023--KKR today announced a monetization activity update for the period from July 1, 2023 to September 25, 2023. Based on information available to us as of today, with respect to the period through September 25, 2023, KKR has earned gross realized carried interest and total realized investment income of greater than $475 million. Our monetization activity quarter-to-date is made up of approximately two-thirds gross realized carried interest and approximately one-third rea