Prosper Marketplace Inc., the peer-to- peer lender that until last year was struggling to stay in business amid investor lawsuits and regulatory burdens, is now valued at $650 million, according to a person with knowledge of the company.
Dell Inc. received proposals from Blackstone Group LP and billionaire Carl Icahn that would rival the $24.4 billion leveraged buyout offer from founder Michael Dell and allow shareholders to keep a stake in the company, according to people with knowledge of the matter.
Blackstone Group LP and activist investor Carl Icahn submitted proposals to buy Dell Inc. that would rival a $24.4 billion buyout offer from Silver Lake Management LLC and company founder Michael Dell, according to people with knowledge of the matter.
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.
Blackstone Group LP and billionaire Carl Icahn are offering to buy Dell Inc. without retaining Michael Dell as chief executive officer, spurring debate over whether the personal-computer maker would be better off without the entrepreneur who founded it three decades ago.