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KKR Buys 1-800 Contacts From AEA in $3 Billion-Plus Deal

1-800 Contacts
1-800 ContactsPhotographer: Rick Bowmer/AP Photo

Private equity firm KKR & Co. agreed to buy contact lens retailer 1-800 Contacts from AEA Investors.

Financial terms of the transaction weren’t disclosed in a joint statement Wednesday that confirmed an earlier Bloomberg News report. The deal values 1-800 Contacts at more than $3 billion, people familiar with the matter have said.