$2 Billion Skype Deal Closes

Silver Lake Partners, Andreessen Horowitz, Canada Pension Plan Investment Board and Skype's two founders have completed their $2.025 billion acquisition of a 70% interest in Skype from eBay (NASDAQ: EBAY). The deal included $1.9 billion in cash and a buyers note of $125 million. A $700 million term loan to finance the deal was arranged by JP Morgan, Barclays Capital, and RBC Capital. The investment is Silver Lake's single largest investment to date.