BMC Software to be sold for $6.6 billion
NEW YORK (AP) -- BMC Software Inc. has agreed to be sold to a private investor group for about $6.6 billion in cash.
The Houston-based maker of system management software for businesses said Monday that the deal is for $46.25 per share. That's less than 2 percent above Friday's closing stock price of $45.42.
With roughly 143 million shares outstanding, according to FactSet, that values the deal at $6.6 billion. The companies said the deal is worth $6.9 billion.