News Byte

Silver Lake Finally Announces New $10.3 Billion Tech-Focused Fund

Silver Lakes Partners, the high-profile private equity which has been a big player in the tech space, has finally closed a new $10.3 billion large-cap technology investment fund. The firm said its Silver Lake Partners IV Fund was oversubscribed, surpassing a $7.5 billion target. Silver Lake now manages over $23 billion and is involved in a range of digital deals — most prominently of late, in the private takeover of Dell Computer.

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Dell Buyout Is a Fee-for-All

Wall Street has a lot more than bragging rights riding on the $24 billion-plus takeover battle for Dell Inc. Some of the biggest banks in the world are vying for fees that together could top $400 million for advising and financing the buyout of the computer group, according to people familiar with the negotiations.

When Does Groupon — Still at More Than 80 Percent Off — Become a Deal for Someone?

If Groupon chooses to look for a buyer, this may be its hardest sale yet.
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What Will Marissa Do?: Yahoo CEO Zeroes in on Search, While Her Ad Team Eyes Tech Upgrade Options

Free food and iPhones do not a turnaround make. Now it’s time for the hard part of remaking the Silicon Valley giant.
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Yahoo’s Longtime Top Lawyer Mike Callahan Departs (Internal Memo!)

The top legal eye flies away from the Silicon Valley Internet giant.
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Best Buy Founder Resigns, Explores Options for Stake

Best Buy Co. founder and largest individual shareholder Richard Schulze resigned as chairman and a director and said he intends to explore options for his 20.1 percent stake, a move that could make the electronics retailer a takeover candidate.

Exclusive: Yahoo Finally Set to Strike Alibaba Share Deal — Half Now, Then Half of What’s Left After Eventual IPO

Could the never-ending Yahoo-Alibaba deal finally be close to a handshake? Yes, indeedy.
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T-Mobile Set to Receive AT&T Airwaves

The Federal Communications Commission cleared the way for T-Mobile USA to receive about $1 billion in wireless airwaves it is owed as part of the breakup fee for AT&T Inc.’s failed $39 billion takeover bid.

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T-Mobile, AT&T Seek Approval of Spectrum Transfer

T-Mobile USA and AT&T Inc. filed a request with the U.S. Federal Communications Commission for approval of the transfer of $1 billion in wireless airwaves AT&T promised as a result of the failure of its $39 billion bid to take over its smaller rival.

RIM Rumors Resurface

Rumors of a Research In Motion sale are swirling again.
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