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Blackstone Studies Brocade Buyout on No Sale

Bloomberg reveals.

To read this article from Bloomberg, click on
Blackstone Studies Brocade Buyout on No Sale
Blackstone Group LP, the world's largest private-equity firm, is studying a leveraged buyout of Brocade Communications Systems Inc., said a person with knowledge of the situation. While Blackstone is in talks with Brocade, which has been seeking a buyer since 2009, reaching a deal may be difficult, said the person, who declined to be identified because the matter isn't public. Brocade, a maker of switches for data-storage networks, has a market value of $2.65 billion.

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