Reported about 7 hours ago
SolarWinds has announced it will be taken private by Turn/River Capital for approximately $4.4 billion, with shareholders set to receive $18.50 per share, marking a 23.1% premium over the last closing price. This news comes amid a resurgence in debt-funded buyouts as borrowing costs decrease. The deal is expected to finalize in the second quarter of the year.
Source: YAHOO