(Bloomberg) -- Carlyle Group LP and Symantec Corp. have agreed to revise the terms of the deal for Symantec’s Veritas data-storage unit, according to people with knowledge of the matter.

Carlyle agreed to buy Veritas data-storage unit for $8 billion last August in the biggest U.S. leveraged buyout of 2015. A debt offering of $5.5 billion to fund the takeover was postponed because of market conditions, people familiar with the matter said in November.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access