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BUSINESS
January 17, 1998
* Kohlberg Kravis Roberts & Co. is in talks to buy Regal Cinemas Inc. for more than $1 billion, people familiar with the situation said. It would be Kohlberg's second acquisition in two months. * Jefferies & Co., the Los Angeles-based investment bank, agreed to pay $4.3 million to LotsOff Corp. to settle a lawsuit over what the San Antonio-based discount store chain claimed was an illegal transfer of funds.
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BUSINESS
January 17, 1998
* Kohlberg Kravis Roberts & Co. is in talks to buy Regal Cinemas Inc. for more than $1 billion, people familiar with the situation said. It would be Kohlberg's second acquisition in two months. * Jefferies & Co., the Los Angeles-based investment bank, agreed to pay $4.3 million to LotsOff Corp. to settle a lawsuit over what the San Antonio-based discount store chain claimed was an illegal transfer of funds.
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