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PowerSchool Is Drawing Takeover Interest from Warburg Pincus

(Bloomberg) -- Education software provider PowerSchool Holdings Inc. has drawn takeover interest from private equity firms including Warburg Pincus, according to people familiar with the matter.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims...
United States New York United Kingdom City Of Bloomberg Businessweek Warburg Pincus
Source: yahoo.com

Telecom Tycoons Feel Pain From Rising Mobile Woes

(Bloomberg) -- Billionaires who built their fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry.Most Read from BloombergMusk Wins Tentative Clearance for Tesla Driving System in ChinaMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Sparks Intervention Suspici...
United Kingdom Republic Of Tim Bottrell Stephen Flynn Bloomberg Businessweek Helene Durand
Source: yahoo.com

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Telecom Tycoons Feel Pain From Rising Mobile Woes

(Bloomberg) -- Billionaires who built their fortunes rolling out wireless networks when debt cost almost nothing are seeing their wealth crimped by higher borrowing costs and caution among money managers on the outlook for the industry.Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoBHP’s $39 Billion Copper Play Was Years in the MakingBlade to Offer Luxury Bus Service ...
Republic Of United Kingdom Charles Ergen Bloomberg Businessweek Sharon Chen Ankit Dalal
Source: yahoo.com

Darktrace To Be Bought By Luke Bidco For $7.75/share In Cash

Thoma Bravo, L.P., a private equity firm, announced on Friday that it has reached a deal to buy Darktrace Plc (DRKTF.PK), a cyber security company, for in $7.75 per share in cash through its Luke Bidco Limited, a newly-formed company indirectly wholly-owned by funds managed or advised by Thoma Bravo.
New Jersey United States Lincoln Park France General Consup North America Inc Us Department Of Agriculture Food Safety

Darktrace Agrees Sale to Thoma Bravo for $5.32 Billion

(Bloomberg) -- UK cybersecurity company Darktrace Plc agreed to sell itself to private equity firm Thoma Bravo for an equity value of about $5.32 billion.Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban NightlifeJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe deal will give D...
City Of United Kingdom San Francisco United States Angela Bacares Bloomberg Businessweek
Source: yahoo.com

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