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August 26, 2016 04:17 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/AWxHsWVcmb4/
Rackspace to go private after $4.3B acquisition by private equity firm Apollo
Rackspace, which is still best known as a hosting company even as it has expanded aggressively into offering services for businesses that use other platforms, went public in 2008. Now, however, it’s going private again after accepting a $4.3 billion offer (or $32 per share) in cash from private equity firm Apollo Global Management. The deal is still subject to regulatory approval and… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/AWxHsWVcmb4/
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