Having Eked Out Slim Profit, SS&C Launches Partial IPO
FRONT PAGE
As expected (IMT, April 12), Bloomfield, Conn.-based SS&C Technologies (until recently known as Securities Software & Consulting) has issued a roughly 30 per cent initial public offering, putting some 3.75 million common shares up for sale on Nasdaq. The IPO began trading last week with shares opening at $19. SS&C plans to use the money raised from the IPO for working capital and general corporate purposes. The underwriters for the IPO are Alex. Brown & Sons and Hambrecht & Quist.
SS&C offers
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Waters Wavelength
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
Subscribe to Weekly Wrap emails
Most read
- The curious case of Larry Fondren and DelphX
- Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
- Itiviti’s Blueprint for Success—Investing in People and Products
- PanAgora’s CIO & head of sustainable investing explain firm’s ESG framework, best practices
- Bloomberg RHub fee hike reflects cost pressures of regulatory reporting industry