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Freescale Semiconductor, Inc.
Private equity exits are best avoided. This one is no exception. Blackstone loaded it up with debt and let it go at a substantial loss.Anyone think that they know more about the value of the company than Blackstone, Carlyle and TPG?
Next gen storage tech coming...
Freescale has debt 2-3x their book value. An improved economy will raise their costs to refinance this debt and to hold onto their top employees.
?? picked wrong ticker should have been fsol
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