Cadence Buyout Coincidence
â€œCoincidence is the word we use when we can’t see the levers and pulleys.â€? â€“ E. Bull
What a coincidence?! Another Cadence rumor emerges during the DAC. This one suggests a possible buyout of Cadence by several private equity groups: Blackstone, Kohlberg Kravis Roberts (KKR), and others. While this is an interesting rumor, its timing seems far from coincidental.
So which lever do I pull to reveal the man behind the buyout curtain, Dorothy? — JB