“Let Me Tell You About Henry Kravis”

Loren Feldman’s reaction to KKR’s investment in Sun had me choking back the laughter over my wheaties this morning. Sun is Done indeed. I had the same thought when I first saw the story break (and it’s the same reaction I had when BCE first announced its now-aborted plan to convert to an income trust) – we’re at the end of the runway, and wheels are not up. Surrender, Jonathan.