tech:

taffy

Moelis

Francisco Partners, TPG acquire New Relic for $6.5B

New Relic has entered into a definitive agreement to be acquired by Francisco Partners and TPG. The acquisition will be an all-cash transaction, valuing New Relic at approximately $6.5 billion.

Meredith buys Time

Time has entered into a definitive agreement to be acquired by Meredith in a roughly $1.8 billion deal.