Pursuits
Goldman, Bain Say Antitrust Claims ‘Swing for the Fences’
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Goldman Sachs Group Inc. and Bain Capital Partners LLC argued that investors are trying to “swing for the fences” by claiming in a lawsuit that buyout firms conspired to rig bids on takeovers.
The defendants, who also include Blackstone Group LP, Carlyle Group, KKR & Co., Apollo Global Management LLC and JPMorgan Chase & Co., today urged U.S. District Judge Edward Harrington in Boston to dismiss the lawsuit by shareholders in acquired companies.