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NEWR / Jana Partners Pares Back New Relic Investment
NEWR News
By Reuters
August 3, 2023
Focus: How two private equity firms negotiated New Relic deal down to $6.5 bln
Buyout firms Francisco Partners and TPG saved hundreds of millions of dollars in their $6.5 billion deal to buy New Relic by walking away from negotia more_horizontal
By GuruFocus
August 1, 2023
HMI Capital Management, L.P. Increases Stake in New Relic Inc
HMI Capital Management, L.P. (Trades, Portfolio), a San Francisco-based investment firm, has recently expanded its portfolio by acquiring an additiona more_horizontal
By Proactive Investors
July 31, 2023
New Relic to be taken private by Francisco Partners and TPG in $6.5B deal
New Relic shares took off on Monday after the software company announced it has agreed to be acquired by investment firms Francisco Partners and TPG more_horizontal
By InvestorPlace
July 31, 2023
Why Is New Relic (NEWR) Stock Up 13% Today?
Shares of software firm New Relic (NYSE: NEWR ) drove significantly higher on Monday following the announcement of a private equity deal. According to more_horizontal
By Zacks Investment Research
July 31, 2023
New Relic (NEWR) Surpasses Q1 Earnings and Revenue Estimates
New Relic (NEWR) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to loss o more_horizontal
By CNBC
July 31, 2023
Francisco Partners & TPG to take New Relic private in $6 billion deal
The consortium offered $87 per share in an all-cash deal to take New Relic private on Monday. more_horizontal
By Market Watch
July 31, 2023
New Relic stock soars after $6.5 billion buyout deal with Francisco Partners and TPG
Shares of New Relic Inc. NEWR, +1.44% shot up 12.8% in premarket trading Monday, after the “observability” platform for software engineers announc more_horizontal
By Seeking Alpha
June 27, 2023
New Relic: The Impact Of Revenue Growth Deceleration (Rating Downgrade)
Limited growth, high valuation, and strong competition make paying a premium for New Relic, Inc. stock less appealing. Concerns about profitability: w more_horizontal