Bain and Goldman Settle Antitrust Suit Regarding Private Equity Deals
Was bidding rigged for corporate takeover payments? One suspects that secrecy orders will keep the full facts from rising to the surface. The current news (from AmLaw) is that Goldman and Bain are paying over $100 million to settle the bid rigging claims. It will be interesting to see if the payments become money that funds an open trial, or if everything is settled.