Corsair involved in talks with Francisco Partners for a possible buyout

A recently submitted regulatory filing suggests that Francisco Partners are currently in talks with Corsair about a possible buyout. This scenario comes after Corsair indefinitely postponed an IPO after the flop of the Facebook IPO. At the same time they have said that they would

relaunch when equity conditions are more favorable.

corsair_involved_in_talks_with_francisco_partners_for_a_possible_buyout

Now it appears that they are possibly choosing a buyout over an IPO. Corsair could be heavily affected by the current downturn in the PC market, resulting in the need for a new way of cash infusion. Francisco Partners was part of the Blackstone Group who decided to not make a formal buyout offer for Dell.

It is possible that nothing could come of these talks. On the other hand, Corsair could end up being sold out, which will result in changes within the company or in the products they currently sell.

 

Source: http://finance.fortune.cnn.com/2013/04/26/corsair-opts-for-sale-over-ipo/

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