Beatrice Companies Inc. and Kohlberg Kravis Roberts & Co. modify merger agreement.

PR Newswire | February 3, 1986 | Copyright

CHICAGO, Feb. 3 /PRNewswire/ -- Beatrice Cos. Inc. (NYSE: BRY) and Kohlberg Kravis Roberts & Co. announced today that Beatrice and a company formed by KKR have entered into an agreement modifying their previously announced merger agreement.

Beatrice and KKR also stated that they had reached an agreement in principle with plaintiffs to settle all stockholder actions pending with respect to the proposed merger and certain compensation arrangements Beatrice entered into with past and present senior officers.

Under the modified merger agreement and ...

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