Mobile broadband solutions company Tekelec is to be acquired by a consortium led by Siris Capital Group and including affiliates of The ComVest Group, funds and accounts managed by GSO Capital Partners LP, Sankaty Advisors, ZelnickMedia and other Siris limited partners and affiliates. The transaction is valued at approximately $780 million. PRESS RELEASE Tekelec, the [...]
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(Reuters) – Private equity firm ZelnickMedia Corp has dropped its pursuit of the Austin American-Statesman, a person familiar with the matter said on Thursday, underscoring how hard it is to sell newspapers in the desultory publishing market. Cox Enterprises put the Austin paper up for sale last August, along with 28 other newspapers to raise [...]