Author: Brenda Marie Rivers|| Date Published: December 14, 2020
Investment firms Blackstone Group and ClearSky have jointly completed the purchase of 400K shares in Milpitas, California-based cybersecurity firm FireEye (Nasdaq: FEYE) for $1K a share.
Series A preferred shares can be converted into common stock at $17.25 per share as part of the agreement.
Art Coviello – a ClearSky senior adviser and former CEO of RSA Security – will serve on FireEye's board of directors along with Viral Patel, a Blackstone senior managing director.
Kevin Mandia, CEO of FireEye, said both Coviello and Patel will offer their perspectives on strategy and execution matters as the company looks to pursue transformation and growth initiatives.
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