Alex Sherman
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Intel and TPG in talks to sell McAfee to Thoma Bravo for well more than $4.2 billion

Private equity firm Thoma Bravo is in early discussions to acquire security software company McAfee from TPG and Intel for a significant premium over the company’s 2016 $4.2 billion valuation, according to people familiar with the matter. Talks may still…

Nielsen is getting serious about going private and will talk to potential buyers in January

Nielsen Holdings plans to host management presentations for interested private equity buyers in January after hiring a new CEO earlier this month, according to people familiar with the matter. David Kenny took over as Nielsen’s CEO on Dec. 3, replacing…

Wall Street is expecting a two-year pause in big media and telecom deals after a crazy 2018

The story of 2018 for media and telecommunications companies was simple: the world is changing, and now is the time to consolidate. AT&T closed its deal for Time Warner. Sprint and T-Mobile agreed to merge. Disney bought Fox, and Comcast…

Mike Bloomberg says he'd try to sell Bloomberg LP if he becomes president

Mike Bloomberg said Tuesday in a Radio Iowa interview that he will probably try to sell Bloomberg LP if becomes president in 2020. “I think at my age, if selling it is possible, I would do that,” Bloomberg said. “At…

Netflix's valuation hinges on international growth, but breaking into India hasn't been easy

Netflix is currently valued much higher than other media companies. Despite a share pullback in recent months from more than $400 to about $285, Netflix has a trailing price-to-earnings ratio of more than 100 and an enterprise value-to-EBITDA ratio of…

Telecom gear provider CommScope is near a deal to acquire Arris for about $5.6 billion

Telecoms infrastructure company CommScope is nearing a deal to buy complementary telecom gear provider Arris for more than $31 a share, according to people familiar with the matter. A deal would give CommScope more scale with a more diversified product…

Red Hat gave Google and other buyers a chance to bid before IBM's $34 billion offer, sources say

Red Hat probably won’t get an offer higher than the $190-per-share price from IBM, because rival suitors have already had a chance to bid, according to people familiar with the matter. Red Hat announced Sunday it had reached an agreement…