KKR invests $500 million in cloud storage firm Box, gets board seat

KKR invests $500 million in cloud storage firm Box, gets board seat

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-box-funding/kkr-invests-500-million-in-cloud-storage-firm-box-gets-board-seat-idUSKBN2BV1LK

(Reuters) -Box Inc said on Thursday private equity giant KKR & Co Inc will lead a $500 million investment in the cloud services provider and get a seat on its board, amid pressure from hedge fund Starboard Value LP.