- Informatica (NASDAQ:INFA-OLD) agrees to be taken private by P-E firm Permira Advisers and the Canada Pension Plan Investment Board in a deal valued at $5.3B in the largest U.S. leveraged buyout so far this year.
- Permira and CPPIB will pay $48.75/share for INFA, a 6.3% premium to yesterday's $45.83 closing price.
- INFA +5.2% premarket, now halted.