Silver Lake The Latest To Settle LBO Suit With $30M Deal

Law360, New York (July 11, 2014, 1:24 PM EDT) -- Silver Lake Partners LP became the latest to bow out of a lawsuit accusing it and several other big-name private equity firms of teaming up to depress prices in leveraged buyouts, revealing late Thursday it agreed to pay $29.5 million in a settlement.

The compromise came about a month after two other high-profile defendants, Goldman Sachs Group Inc. and Bain Capital LLC, struck settlements of their own, worth $67 million and $54 million, respectively. Speculation has swirled since then that other firms would push to resolve...
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