Sept 7 (Reuters) – Reality television star and entrepreneur Kim Kardashian and a former partner at Carlyle Group Inc (CG.O) Jay Sammons are launching a new private equity firm focused on investing in consumer and media businesses, according to a joint statement.
The new firm, named SKKY Partners, will make investments in sectors including consumer products, hospitality, luxury, digital commerce and media, and plans to make both control and minority investments.
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According to terms of the agreement, Atlas Air Worldwide Shareholders are entitled to receive $102.50 in cash for each share of Atlas Air they own. Source
Author: Iris Dorbian
