http://blogs.reuters.com/blog/2007/09/10/briefing-kkr-gives-banks-a-bone/ Just another Blogs.reuters.com weblog Tue, 10 Nov 2009 01:00:04 +0000 http://wordpress.org/?v=2.6.2 http://blogs.reuters.com/blog/2007/09/10/briefing-kkr-gives-banks-a-bone/#comment-304517 Ted Tue, 11 Sep 2007 18:39:48 +0000 http://blogs.reuters.com/2007/09/10/briefing-kkr-gives-banks-a-bone/#comment-304517 Yes, KKR threw the banks a bone, but could the banks really afford not to take a bite? In my opinion, what will drive this deal through at the end of the day are the strong connections between these two companies. Most people would assume that these two companies have little in common, but in reality that is far from the truth. Execs network, they have to, it is part of their job and they have to be good at it. For example, the founder of KKR, Henry Kravis, is currently a director at the CFR. Joan Spero, a director at First Data, is also currently a director at CFR. If you think these two are not using their inside knowledge of each other to their full extent possible then you are crazey. Check out this site I found a couple of months ago called News Visual http://www.newsvisual.com/newsvisual/2007/09/strong-connecti.html. They map out connections between companies and execs, some really cool inside info and they did an article on the the KKR-First Data deal this morning. Yes, KKR threw the banks a bone, but could the banks really afford not to take a bite? In my opinion, what will drive this deal through at the end of the day are the strong connections between these two companies. Most people would assume that these two companies have little in common, but in reality that is far from the truth. Execs network, they have to, it is part of their job and they have to be good at it. For example, the founder of KKR, Henry Kravis, is currently a director at the CFR. Joan Spero, a director at First Data, is also currently a director at CFR. If you think these two are not using their inside knowledge of each other to their full extent possible then you are crazey. Check out this site I found a couple of months ago called News Visual http://www.newsvisual.com/newsvisual/200 7/09/strong-connecti.html. They map out connections between companies and execs, some really cool inside info and they did an article on the the KKR-First Data deal this morning.

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