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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

December 2, 2015 by · Leave a Comment 

Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. The three private equity firms are vying for Dell's Quest Software, which helps with information technology management, as well as SonicWall, an…

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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

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Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation

December 2, 2015 by · Leave a Comment 

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Mark Zuckerberg will put 99 percent of his Facebook Inc shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the…

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Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation

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U.S. manufacturing contracts, but rest of economy humming along

December 2, 2015 by · Leave a Comment 

U.S. manufacturing contracted in November for the first time in three years as the sector buckled under the weight of a strong dollar and deep spending cuts by energy firms, but robust automobile sales suggested the economy remained on solid ground. Other data released on Tuesday showed a sturdy increase in construction spending in October, which should help offset the drag from manufacturing on fourth-quarter economic growth. With manufacturing accounting for only 12 percent of the …

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U.S. manufacturing contracts, but rest of economy humming along