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Prospect News home > News index > List of issuers K > Headlines for Kronos Inc. > News item
Published on 6/8/2007 in the Prospect News Special Situations Daily.

Kronos shareholders approve buyout by Hellman & Friedman

By Lisa Kerner

Charlotte, N.C., June 8 - Kronos Inc. shareholders approved the acquisition of the company by affiliates of Hellman & Friedman Capital Partners VI, LP and JMI Equity for $55 per share in cash.

The $1.8 billion buyout was announced on March 23 and is slated to close on June 11, according to a company news release.

Kronos is a Chelmsford, Mass., provider of human capital management services.


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