Sources: SVB Capital May Be Sold for $250 Million to $500 Million
September 18 TuoniaoX.com news - According to sources, Anthony Scaramucci's SkyBridge Capital and Atlas Merchant Capital are competing with San Francisco-based Vector Capital in the final stages of bidding for SVB Capital. Sources indicate that SVB Capital could be sold for $250 million to $500 million, though they warned that a final sale is not guaranteed and still requires review by the creditors' committee.
September 18 TuoniaoX.com news - According to sources, Anthony Scaramucci's SkyBridge Capital and Atlas Merchant Capital are competing with San Francisco-based Vector Capital in the final stages of bidding for SVB Capital.
Sources indicate that SVB Capital could be sold for $250 million to $500 million, though they warned that a final sale is not guaranteed and still requires review by the creditors' committee. A decision regarding the sale is expected to be submitted to the court in the coming weeks.