Industry Expert Blogs

Question: Who can destroy $13 billion of industrial value in five years? Answer: A private equity company.

Yesterday's $4.6 billion valuation of  Freescale is in stark contrast to the $17.6 billion valuation put on Freescale when its owners, the private equity company Blackstone, bought it in 2006.

The $4.6 billion valuation comes as Blackstone prices Freescale's upcoming IPO at $18-20 a share. When Blackstone bought Freescale it paid $36 a share.

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