Monday, March 3, 2014

Riverbed Gets New Buyout Offer

San Francisco-based Riverbed, which develops wide area networking equipment, has received a new buyout offer at $25 per share, according to Bloomberg. The new offer for Riverbed comes from Silver Lake Partners, KKR, and Thoma Bravo. Riverbed had rejected a $21 per share offer from Elliot Management Corp. on Friday.