💰 Financial Record

expense

← Back to List

Transaction Details

Amount

USD $11,000,000.0

Payer (From)

KLC Consolidated Linked to KLC

Payee (To)

Employees Linked to Employees

Transaction Date

January 01, 2005

Description

Severance costs resulting from Golden, CO office closure

Additional Details

Date string: 2005

Amount string: 11000000

Source document: HOUSE_OVERSIGHT_024513.jpg

📄 Source Document

HOUSE_OVERSIGHT_024513.jpg

ESTATE Collection

View Document

Document Summary

This document is a financial schedule (Page 80) titled 'KLC Consolidated' showing Pro Forma EBITDA adjustments for 2004 and 2005. It details costs associated with the acquisitions of AER and KinderCare, specifically focusing on restructuring charges ($29.4M in 2005), severance pay for closing the Golden, CO office, and 'parallel organization costs' of running duplicative infrastructures. It also notes a $7.8 million payment to KLC's departing CEO in 2006 and bears a House Oversight Bates stamp.

Discussion 0

No comments yet

Be the first to share your thoughts on this epstein financial record