More news on private equity groups buying up big companies for billions of more dollars. It's kind of un-settling to me that the majority of the sales of companies these days is measured in 'b'illions. Good ol' inflation. Fifty years from now, we'll be the old farts reminiscing about how you used to be able to buy a candy bar for a dollar, & going to the movies was only ten bucks a ticket...

"The offer places a premium of around 28% on the firm's value over Avaya's May 25 closing price of $13.67, the last day before rumors begun to circulate that the company would likely be acquired."