Public Event Detail
KKR offers $150M for FSK at $11.00 — FS KKR Capital (NYSE: FSK) files Schedule 14D-9
Public historical observation from the Merrowstone archive. This page shows event-level context only. Accepted assertions, evidence lineage, and relationship intelligence remain part of the premium research layer.
Event summary
FS KKR Capital (FSK) has filed a Schedule 14D-9 in response to a tender offer from KKR Alternative Assets L.P. to purchase up to $150 million of FSK common stock at $11.00 per share. While the FSK Board supports the commencement of the offer, it has not made a recommendation to shareholders, urging them to make their own investment decisions based on available information, including the Company's net asset value of $18.83 per share. This tender offer is accompanied by a concurrent $150 million purchase of newly issued Convertible Preferred Stock by KKR and a $300 million share repurchase authorization by FSK.