SS&C Buys Advent Software

Posted on 02/03/2015


Windsor-based SS&C Technologies Holdings is buying San Francisco-based Advent Software, Inc. for about US$ 2.3 billion in cash. The total transaction value is US$ 2.7 billion with debt included. Due to the global financial crisis, more financial data providers are merging to save money on costs. SS&C is paying US$ 44.25 per share, a 7% […]

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