posted by Thom Holwerda on Mon 11th Sep 2006 17:52 UTC
IconA consortium of investment firms was near a deal late Sunday night to acquire Freescale Semiconductor, a former unit of Motorola, for more than USD 16 billion, according to people briefed on the negotiations. The deal, if completed, would be the largest leveraged buyout ever in the technology sector, surpassing the USD 11.3 billion sale of SunGard Data Systems last year.
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