UPDATE 1-Carlyle Group to pay $115 mln to settle collusion suit -source
August 29, 2014 at 19:54 PM EDT
Aug 29 (Reuters) - Carlyle Group LP has agreed to pay $115 million to settle a lawsuit accusing it of conspiring with other buyout firms not to outbid each other on some takeovers that occurred prior to the financial crisis, a person familiar with the matter said on Friday.