$286M Of SolarWinds Stock Sold Before CEO, Hack Disclosures

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News Highlights:

SolarWinds vast majority entrepreneurs Silver Lake and Thoma Bravo offered $286 million of inventory just ahead of the enterprise announced a new CEO and disclosed a cyberattack. The non-public equity firms disposed of more than 13 million SolarWinds inventory shares at $21.97 for every share on Dec. 7, two times before the IT infrastructure administration business declared Pulse Secure’s Sudhakar Ramakrishna as its up coming CEO. 4 times immediately after that, SolarWinds disclosed that it experienced seasoned a extremely innovative, manual provide chain assault on specific versions of its Orion community checking product or service.

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News: $286M Of SolarWinds Stock Sold Before CEO, Hack Disclosures

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