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Wednesday, May 24, 2006
Business Week's Justin Hibbard writes about Silver Lake Partners co-founder Jim Davidson quipping at the JPMorgan Technology Conference in San Francisco: "No one in the private equity industry knows that Intel trades at 8.2 times EBITDA, so let's go do that!" The idea that a gang of private equity megafunds could buy a $105 billion icon such as Intel is not beyond the realm of possibility these days - after all no deal is too big in the tech sector. Gosh!!! where are we headed!!
Category :Private Equity. |
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