Splunk raises $1B from Silver Lake in exchange for convertible notes, and says it will use the investment to fund buybacks; Splunk stock up 11% (Maria Deutscher/SiliconANGLE)

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Maria Deutscher / SiliconANGLE:
Splunk raises $1B from Silver Lake in exchange for convertible notes, and says it will use the investment to fund buybacks; Splunk stock up 11%  —  Splunk Inc. today said that it has secured a $1 billion investment from Silver Lake to support growth initiatives and buy back shares.

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