Freescale Semiconductor being sold for about $16 Billion

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mdriftmeyermdriftmeyer
Posted:
in General Discussion edited January 2014
Biz Journal Article:

http://www.bizjournals.com/dallas/st...=et59&hbx=e_du



Group involved in the transaction

http://www.texaspacificgroup.com

Comments

  • Reply 1 of 1
    hirohiro Posts: 2,663member
    Those dudes are well known vultures. Not the bad kind because they generally have a pretty good idea of why the company they are buying is in the toilet and how to effect a turnaround of sorts. They don't go all Gordon Gekko and sell off the pieces.



    The bad thing is they are close to a businesses last resort before all the funding dries up.
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