
Reports including this one from Bloomberg have Pacnet up for sale with a nominal $1B price tag. It’s not the first time that the company’s private equity owners have sought an exit of course. The last time there were public rumors was when PT Telkom’s rumored bid fell through just before former CEO Bill Barney got sacked. But that’s in the past, and Carl Grivner has been running things for a couple years now. So who might do the buying? [Read more →]