Tuesday, March 27, 2018

Rackspace may reportedly go public again after a $4.3B deal took it private in 2016

Rackspace, which was taken private in a $4.3 billion deal in August 2016 by private equity firm Apollo Global Management, is reportedly in consideration for an IPO by the firm, according to a report by Bloomberg. The company could have an enterprise value of up to $10 billion, according to the report. Rackspace opted to […]

No comments: