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Cloudera bought by private equity firms in $5 3bn deal

Cloudera agrees to be acquired at 24% premium

Cloudera agrees to be acquired by investment firms Clayton, Dubilier & Rice (CD&R) and KKR. The deal values the company at $5.3 billion or $16/share, a 24% premium to the closing price on May 28, 2021. The transaction is expected to be completed in the second half of the year. Cloudera Inc. (NYSE: CLDR), a provider of enterprise data cloud platform, announced today that it has entered into a definitive agreement to be acquired by investment firms Clayton, Dubilier & Rice (CD&R) and KKR. This will be an all-cash transaction. The deal values the company at $5.3 billion, which equates to $16 per share, representing a 24% premium to the closing price as of May 28, 2021.

To pay for fourth Vista ambulance, rides might jump by $650

VISTA  The cost of an ambulance ride in Vista could soon jump by $650 an increase that city officials say would help bring a fourth ambulance back to the city’s fleet. Vista now charges roughly $1,200 per ambulance ride for city residents. Bumping that to about $1,700 a 41 percent increase would put Vista at the regional average. On top of the $500 increase, the city wants to add a $150 “first-responder fee” allowed under state law. The money would be charged not just for ambulance rides, but to anyone who receives emergency medical service from the fire department. The proposal to raise the fees emerged after the City Council last month asked Vista Fire Chief Jeff Hahn to come up with ideas for replacing an ambulance that was dropped from the city’s rotation six years ago during budget cuts.

Zoe Wees Shares New Song, Ghost

  Today, breakout star Zoe Wees shared “Ghost,” an emotive original song from her debut EP, Golden Wings, which will be released on May 21 via Capitol Records. Download / stream “Ghost” HERE. Fans who pre-order the EP, available HERE, will instantly receive “Ghost” plus her first two singles – “Control” and “Girls Like Us,” which have amassed over half a billion global streams combined. “‘Ghost’ was written about letting someone get too close, even if you know they can hurt you,” explains Zoe Wees. “It’s about the feeling of being vulnerable to that person in a way that could basically destroy your life. It was written in one of my first writing sessions, so it feels special to release it.”

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