KKR Close to Concession on First Data Deal: Report - New York Times

KKR Close to Concession on First Data Deal: Report - New York Times: "Kohlberg Kravis Roberts & Co. appears willing to make a concession to the banks financing its $26 billion leveraged buyout of payment processor First Data Corp , according to a report on Sunday, in a move that underscores the intense pressure the credit crunch has put on investment banks and their top private equity clients.