Ares and Kayne Mutually Agree to Terminate Merger Agreement
LOS ANGELES–(BUSINESS WIRE)–Ares Management, L.P. (NYSE:ARES) and Kayne Anderson Capital Advisors, L.P. (“Kayne”) announced today that both parties have mutually agreed to terminate their definitive merger agreement. “Kayne is uniquely well-positioned to take advantage of the markets we are in and we are delighted that Ares and its principals have chosen to capitalize on this opportunity by investing with us
