Kronos Incorporated today announced that it has entered into a definitive agreement to effect a recapitalization of the company through a $750 million equity investment by funds managed by Blackstone (NYSE:BX) and GIC. http://www.kronos.com/pr/kronos-lays-foundation-for-next-phase-of-growth-adds-world-class-investors-at-4-and-one-half-billion-enterprise-valuation.aspx