Francisco Partners & TPG to just take New Relic non-public in $6 billion offer

Francisco Partners & TPG to just take New Relic non-public in billion offer

Important Points

A non-public-fairness consortium will consider software provider New Relic personal at $87 a share, the corporation introduced Monday.
The all-dollars offer values New Relic at $6.5 billion and will see the enterprise return to private possession almost 9 several years immediately after it very first debuted on the New York Stock Trade.

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Finance

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