News for hackers. Stuff that matters.

A comment on Qlik acquired by Thoma Bravo for $3B. Parent comment

Re:Qlik acquired by Thoma Bravo for $3B by genericpseudo on Thursday June 02, 2016 @05:30PM (#11826239)
And it's a public-to-private transaction, not a takeover.
[ Parent | on HN ]
Re:Qlik acquired by Thoma Bravo for $3B by ledude on Thursday June 02, 2016 @06:01PM (#11826462)
"In business, a takeover is the purchase of one company (the target) by another (the acquirer, or bidder). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company."

https://en.wikipedia.org/wiki/Takeover http://www.investopedia.com/terms/t/takeover.asp

[ Parent | on HN ]
Re:Qlik acquired by Thoma Bravo for $3B by genericpseudo on Thursday June 02, 2016 @06:18PM (#11826568)
OK, but my meaning was hopefully clear. It's essentially a leveraged MBO.
[ Parent | on HN ]