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Blackstone-Led Creditors Take Over Ailing Software Firm Medallia
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Blackstone-Led Creditors Take Over Ailing Software Firm Medallia

Bloomberg Markets · Jun 17, 2026, 10:30 AM

Medallia Inc. is being taken over by a group of creditors led by Blackstone Inc. after its owner Thoma Bravo said it wasn’t going to inject fresh cash into the ailing software-as-a-service company.

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