SS&C Technologies (SSNC), which provides software to the financial services sector, came public this morning with an offering of 10.725 million shares at $15 each. The deal includes 8,225,000 shares fro the company and 2.5 million from selling holders.
This is the company’s second stint as a public company; SS&C went public the first time in 1986, and then was take private by the Carlyle Group in 2005.
SSNC today is up 81 cents, or 5.4%, to $15.81.
Earlier: Meru Networks Prices IPO Of 4.39M Shrs At $15; Top Of Range; Stock Jumps (Updated)
No comments:
Post a Comment