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Blackstone Ends Talks to Buy Brocade
This is a Press Release edited by StorageNewsletter.com on Mon, February 20th, 2012
Price too high
Blackstone Ends Talks to Buy Brocade
Blackstone Group LP, the world's largest private-equity firm, ended talks to buy Brocade Communications Systems Inc. because the price was too high for a leveraged buyout, said a person with knowledge of the situation.
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