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Silver Lake Said to Reap Three-Fold Return on Skype After Sale
May. 11, 2011 06:06PM PST
Silver InvestingBloomberg reported that Silver Lake Resources (ASX:SLR) will triple its investment in Skype following the company’s sale to Microsoft.
Bloomberg reported that Silver Lake Resources (ASX:SLR) will triple its investment in Skype following the company’s sale to Microsoft.
The market news is quoted as saying:
Silver Lake, part of the group that bought a majority stake from EBay Inc. 18 months ago in a transaction valuing Skype at $2.75 billion, put up $900 million in capital