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)

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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