- Several P-E firms are prepping offers to acquire Informatica (INFA +2%), Reuters reports. The WSJ reported two months ago Informatica had reached out to potential buyers.
- Reuters' sources state Silver Lake has teamed with Hellman & Friedman ahead of an early-April deadline for final bids, and that Advent International, Permira Advisora, Thoma Bravo, and the P-E arm of Canada's pension investment board are also interested.
- Shares have spiked to new 52-week highs. Activist Elliott Management is believed to be pushing for a sale.