A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B (Rohan Goswami/CNBC)

Rohan Goswami / CNBC:
A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B  —  - A private-equity consortium will take software provider New Relic private at $87 a share, the company announced Monday.

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