InvestorsHub Logo
Followers 126
Posts 11077
Boards Moderated 1
Alias Born 03/17/2005

Re: spanky04 post# 8993

Sunday, 03/27/2005 9:00:15 AM

Sunday, March 27, 2005 9:00:15 AM

Post# of 326396
Glad to help...I'm curious who the mysterious "affiliate" of Providence/Warburg is?

Science Applications International Corporation (SAIC) today announced the completion of the sale of its subsidiary Telcordia Technologies, Inc., a leading provider of telecommunications software and services, to an affiliate of Providence Equity Partners (Providence) and Warburg Pincus (Warburg) for approximately $1.35 billion in cash subject to certain adjustments.

http://www.saic.com/news/2005/mar/15.html