Mergers & Acquisitions
Dec. 12, 2011
Blue Coat sold to private equity firm for $1.3 billion
Davis Polk & Wardwell LLP and Kirkland & Ellis LLP helped sell Sunnyvale-based Blue Coat Systems Inc. to private equity firm Thoma Bravo LLC for $1.3 billion, representing the third enterprise software buy announced within a week.
Daily Journal Staff Writer
PALO ALTO - Davis Polk & Wardwell LLP and Kirkland & Ellis LLP helped sell Sunnyvale-based Blue Coat Systems Inc. to private equity firm Thoma Bravo LLC for $1.3 billion, representing the third enterprise software buy announced within a week.
Thoma Bravo LLC agreed to purchase the Internet security company for $25.81 per share, a 48 percent premium over Thursday's closing stock price. Sha...
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