EPICOR BEING PUT ON BLOCK?
- Wednesday, 07 May 2014
- News and Analysis
There's no surprise in the report of the Wall Street Journal that Apax Partners wants to sell Epicor for between $2.5 billion and $3.5 billion. A lot of us expected this when the company named Joseph Cowan as CEO in October, in a surprise replacement of Pervez Quereshi. Cowan's resume shows a long streak of short-term jobs as CEO of companies that were sold. Somebody commented about whether his move of company HQ from California to Austin, Texas, possibly had implications for potential buyers.
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