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Fly News Breaks for November 4, 2015
SWI
Nov 4, 2015 | 07:38 EDT
FBR Capital analyst Daniel Ives downgraded SolarWinds to Market Perform to reflect the company's agreement to be acquired by private equity firms Silver Lake Partners and Thoma Bravo for $60.10 per share. This is a "home run scenario" for SolarWinds' investors, the analyst writes.
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