TPG, Francisco Partners to take software firm New Relic private in $6.5 bln deal
July 31 (Reuters) - New Relic NEWR.N said on Monday that private equity firms TPG TPG.O and Francisco Partners will take the software company private in a $6.5 billion all-cash deal. (Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta) ((Akash.Sriram@thomsonreuters.com; @HoodieOnVeshti on Twitter; +91-74116-87774))
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Brief: New Relic Announces Completion Of “Go-Shop” Period
Private equity bites off mostly what it can chew
Focus: How two private equity firms negotiated New Relic deal down to $6.5 bln