As some predicted, Palm bought out.
29 April 2010, 02:59 PM
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As some predicted, Palm bought out.
29 April 2010, 03:07 PM
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U2 frontman Bono owns around 30% of Palm after his private equity firm Elevation Partners pumped in around £300m ($460m) in 2007 and 2008.
But it is thought his investment was protected against losses and he could end up making around £16.4m ($25m) out of the deal.
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