Informatica Latest Big Tech Firm To Go Private

By | April 7, 2015

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Informatica (INFA) is the latest technology company to leave Wall Street. The data integration software and services company on Tuesday said it agreed to be acquired for $5.3 billion by a company controlled by Permira Funds and the Canada Pension Plan Investment Board. Under the terms, Informatica shareholders will receive $48.75 in cash for each share of Informatica stock. The deal is expected to close this quarter or next, pending shareholder Scalper1 News

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