Now it's SunGard's turn to be acquired

NEWS ANALYSIS | STRATEGIC MOVES | INDUSTRY BEHEMOTH NOT IMMUNE FROM ACQUISITION

WAYNE, PENNSYLVANIA – SunGard senior management has accepted an $11.3 billion leveraged buyout offer from a private equity consortium of seven firms led by Silver Lake Partners, a Menlo Park, California-based private equity firm active in technology-only investments. According to SunGard, the impact on clients is expected to be minimal.SunGard stockholders will be paid $36 a share under the agreement, and senior officers have taken an as yet undisclosed equity stake in the company. Cris Cond