Harman Buyout Ends in Settlement
When Kohlberg Kravis Roberts & Co. and Goldman Sachs decided to <A HREF="http://stereophile.com/news/092407harman/">call off</A> their <A HREF="http://stereophile.com/news/043007harman/">projected $8 billion takeover</A> of Harman International Industries, Inc., industry experts predicted the audio company would take the two financial firms to court, if not to gain the $225 million termination fee, to force them to abide by their material adverse effect statement and complete the transaction.