Academy Sports & Outdoors’ largest shareholder KKR to sell off its 20% stake

Shares of Academy Sports & Outdoors Inc.
ASO,
+3.79%
edged up 0.1% in premarket trading Monday, even after the sporting goods retailer disclosed that affiliates of Kohlberg Kravis Roberts & Co. L.P. is selling off its entire 18.65 million-share stake…

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