SunGard Data Systems, the Wayne, Penn.-based provider of data management, trading, risk and other software, announced last week that it has been bought out for $11.3 billion by a consortium of private equity firms, confirming earlier reports (IMD, March 28).
SunGard stockholders will receive $36 in cash for each share of SunGard common stock they hold. SunGard’s shares closed at $34.36 on March 28, the day the deal was announced.
The company’s board of directors has approved the agreement and
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails