Sunday, February 19, 2023

Sources: KKR-owned BMC Software confidentially filed for a US IPO seeking a valuation of up to $15B; KKR acquired BMC in 2018 for $8.3B (Bloomberg)

Bloomberg:
Sources: KKR-owned BMC Software confidentially filed for a US IPO seeking a valuation of up to $15B; KKR acquired BMC in 2018 for $8.3B  —  BMC Software, a technology company owned by KKR & Co., has confidentially filed for an initial public offering, according to people with knowledge of the matter.



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...