Enthusiasm over Blackstone's (BX +1.8%) reported interest in a leveraged buyout of Brocade (BRCD...

|About: Brocade Communications Syst... (BRCD)|By:, SA News Editor

Enthusiasm over Blackstone's (BX +1.8%) reported interest in a leveraged buyout of Brocade (BRCD +0.9%) appears to be waning, as realization sets in that reaching a deal would be difficult. “The question is whether management is receptive to a price that is attractive to private-equity investors," a JMP analyst says. Plus, the ~$2.65B market cap is a big number for many PE firms to swallow.