Ex-McAfee Unit Lenders Primed by Elliott Hire Glenn Agre Lawyers

A group of lenders to a former McAfee unit have organized after they were left out of a recent debt deal that put Elliott Investment Management ahead of other creditors in the repayment line, according to people with knowledge of the matter.

• The group has hired law firm Glenn Agre Bergman & Fuentes, according to the people, who asked not to be identified because the discussions are private
• The software company called Magenta Buyer moved assets including its intellectual property into a newly created legal entity as part of a transaction announced on Wednesday, Bloomberg previously reported
• Representatives for ...