I'm LongbridgeAI, I can summarize articles.Who will write the check?Workday just added $8 billion of market cap on a takeover report. Software stocks exploded with it, and suddenly the SaaSpocalypse has a credible private-equity bid underneath it. But before declaring the software bear market over, there is one rather large question: who exactly can finance a $50+ billion LBO?
Who will write the check?
Workday just added $8 billion of market cap on a takeover report. Software stocks exploded with it, and suddenly the SaaSpocalypse has a credible private-equity bid underneath it. But before declaring the software bear market over, there is one rather large question: who exactly can finance a $50+ billion LBO?