Posted by: ADMIN on: July 19, 2007
Avaya has been acquired in an $8.2 billion private equity purchase by Silver Lake, an investment firm focused on large-scale investments in technology-driven growth industries, and TPG Capital, a private investment partnership.
The deal amounts to $17.50 per common share, which Avaya shareholders will receive in cash—approximately 28 percent over Avaya’s closing share price of $13.67 [...]
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