$8 Billion Deal Rumored to be in Works for ACS
Andrew Ross Sorkin and Jenny Anderson write in The New York Times:
A consortium of investment firms is in talks to acquire Affiliated Computer Services, a technology outsourcing company with clients that include General Electric and McDonald's, for about $8 billion, people briefed on the negotiations said.
The group is led by the Texas Pacific Group and includes Bain Capital and the Blackstone Group, these people said. Silver Lake Partners had been part of the group, these people said, but recently dropped out.
A deal could be reached as early as next week, these people added, though they cautioned that several points had yet to be resolved and it was possible that the negotiations could drag on or collapse entirely.
posted by Fergie @ 12/23/2005 06:29:00 AM
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