return to Private equity takes the supersize option
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Conde: “Our company needs investors with different time horizons” |
IN MARCH, Cris Conde, president and CEO of Sungard, was about to go swimming with dolphins with his two daughters in the Mexican resort of Cancún. Then he learnt that word had got out that his company was in negotiations to sell itself to a consortium of private-equity buyers in one of the largest leveraged buyouts in history. “I figured I could take one vacation before we went public [with the deal].
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