There is information all over the papers (NY Times, WSJ) and on CNBC and other "finance" networks. Seems like 79% of the company will stay in the hands of the directors. KFN seems not to be involved and I haven't heard even a mention anywhere of KFN. The pps though is responding positively if sluggishly to the "news".
i caught the headlines today; another private equity going public; i felt so strongly about it that i wanted to leave a message. in general, i frown on the issue of private equity firms going public. i feel that they are double-dipping. private equity firms get funds from investors, and now, if they go public, another stream of play money for the hedge fund managers. i am pushing to duscourage any stocks like these; Fortress Investments being another (similar stock). i'm just a regular trader/ investor, w/ no positions in this stock; but just a disgust in some of what happens in the financial world.
on a more fundamental view: the stock has a current negatvie EPS, and no data on forward earnings, at least on Yahoo Finance.