SunGard’s Private Moment

WATERS ANALYSIS

No one can claim that SunGard Data Systems president and CEO Cristóbal Conde is a man of small action after he and his management team participated in the largest leveraged buy-out (LBO) in the technology sector. In mid-March, a consortium consisting of Silver Lake Partners, Bain Capital, The Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts & Co., Providence Equity Partners and Texas Pacific Group, as well as senior members of SunGard’s management team, agreed to pay

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