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Glenn Hutchins of Silver Lake Says Market May be Overbought
Tuesday, February 28, 2012 - 5:37pm | 169Silver Lake's co-founder Glenn Hutchins appeared on CNBC earlier and gave his outlook on the markets. Hutchins said that he though the market was a bit overbought, and that he believed investors were getting a little too exuberant. He stated that investors should be careful about what they are...
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Jefferies Reiterates Buy on Yahoo as Sale Gets Closer
Thursday, December 1, 2011 - 9:18am | 113Jefferies maintains its Buy on Yahoo! Inc. (NASDAQ: YHOO) as the company fields several acquisition offers. Jefferies says, “A group of investors led by PE shop Silver Lake reportedly offered to buy a minority stake in Yahoo! Inc. for about ~$16.60 a share, equal to a 15% voting stake (~$3.1...
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Is the End of Web 1.0 Around the Corner?
Tuesday, October 4, 2011 - 12:55pm | 621Over the weekend, we learned that Alibaba CEO Jack Ma had expressed his interest in buying Yahoo (NASDAQ: YHOO), as Yahoo owns 39% of the Chinese Internet company. Today, we got a report that Silver Lake, Alibaba Group, and Russia's Digital Sky Technologies are in serious talks about a potential...
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GoDaddy.com Nabs $2.5 Billion in Sale to KKR and Silver Lake
Friday, June 24, 2011 - 11:28am | 121Business Insider, the Wall Street Journal and others are reporting that KKR (NYSE: KKR), Silver Lake, and a third investment group are set to acquire GoDaddy.com for $2.5 billion. Previously owned by Qatalyst Partners, the domain name giant has been up for sale for more than nine months. Business...
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eBay Soaring On Skype Deal (MSFT, EBAY)
Tuesday, May 10, 2011 - 8:47am | 202Obviously by now, everyone knows that Microsoft (NASDAQ: MSFT) has purchased Skype for a whopping $8.5 billion. Microsoft said it will use Skype's functionality in the Xbox game console, Outlook email program and Windows smartphones, and will continue to be supported on other platforms. In...
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Yahoo Makes Sense After Buyout Talk (YHOO)
Thursday, October 14, 2010 - 3:17pm | 319Yesterday after the close of regular trading hours, the Wall Street Journal reported that a consortium including AOL (NYSE: AOL) and private equity firms Silver Lake Partners and Blackstone (NYSE: BX) were in preliminary talks to take Yahoo (NASDAQ: YHOO) private. Yahoo has apparently hired Goldman...