(Bloomberg) -- Avaya Inc. agreed to be acquired by
Silver Lake Partners and TPG Inc. for $8.2 billion in the
largest leveraged buyout of a computer-networking company.
Investors will receive $17.50 a share, Basking Ridge, New
Jersey-based Avaya said in a statement last night. That is 4.7
percent more than yesterday's closing price and 28 percent more
than the price before speculation about the purchase surfaced.
Read more at Bloomberg Bonds News
Silver Lake Partners and TPG Inc. for $8.2 billion in the
largest leveraged buyout of a computer-networking company.
Investors will receive $17.50 a share, Basking Ridge, New
Jersey-based Avaya said in a statement last night. That is 4.7
percent more than yesterday's closing price and 28 percent more
than the price before speculation about the purchase surfaced.
Read more at Bloomberg Bonds News
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