Rackspace Hosting Inc.’s going private is a good reminder that anything is for sale—at the right price. The cloud-service provider spent a good chunk of 2014 talking with potential buyers. Its stock was in the high-$30 range then, and its trading history to that point suggested that Rackspace would be interested only in offers north of $50 a share, which didn’t seem to materialize. The company formally called off the effort in...

Source: Wall Street Journal August 26, 2016 18:00 UTC