Excerpts: KKR, on Buying Spree, Will Acquire KinderCare

• Kohlberg Kravis Roberts & Co., continuing its recent spate of acquisitions, said it would acquire KinderCare Learning Centers Inc. for $20.25 a share, or about $470 million, plus the assumption of debt.
• KinderCare is the nation’s largest provider of child-care services, with 1,148 child-centers in 38 U.S. states and the United Kingdom.

Source: Wall Street Journal