Pandemic freezes secondary market

Pandemic freezes secondary market

The coronavirus has brought the private equity secondary market to a halt with buyers and sellers re-evaluating pricing and risk Early this year, the private equity secondary market had just started heating up as buyers prepared for a wave of deals, both from...
Ackman’s Blank-Check Company Boosts IPO Target to $4 Billion

Ackman’s Blank-Check Company Boosts IPO Target to $4 Billion

Bill Ackman’s blank-check company increased the size of its initial public offering, aiming to raise $4 billion for an unspecified acquisition. Pershing Square Tontine Holdings Ltd. is now marketing 200 million units for $20 apiece, according to a regulatory filing...
Venture-Backed Silver Peak Is Said to Explore $1 Billion Sale

Venture-Backed Silver Peak Is Said to Explore $1 Billion Sale

Silver Peak Systems Inc., a networking company backed by venture capital firms Greylock Partners and TCV, is exploring a potential sale that could value it around $1 billion, according to people familiar with the matter. The Santa Clara, California-based company is...