Hints and tips:
...These include KKR’s BMC Software and Thoma Bravo’s Hyland Software. Higher interest rates and investor risk aversion will make straightforward refinancings extremely hard....
...The high-grade carbon delivers exceptional stiffness — good for those intending on putting high power through the pedals — and the bike is equipped with the brand’s own Black Inc components in the form of...
...Most analysts were kind enough not to dredge up memories of Pets.com, one of the defining names of the dotcom bubble, which went public in early 2000 after little more than a year in business — before going...
...Six years ago, BMC was one of the first of many listed tech companies to be hounded by Elliott Management....
...“We have concerns that areas of BMC’s product portfolio beyond IT service management may be vulnerable to disruption from new competitors, and note that BMC’s significant debt burden has constrained its...
...TATE has done sterling work on rebuilding its balance sheet and cashflow in recent years, reflected in FY20E ND:EBITDA (inc. IFRS 16) of 0.9x & 1.8x FCF dividend cover....
...Competitor BMC was bought by KKR in May for similar reasons. Forget making a case for synergies or industrial logic....
...CA has been linked to a number of potential software mergers over the years, thanks to the reliable earnings thrown off by its legacy mainframe business, coming close at one point to combining with BMC....
Bank pursues business advising M&A buyers as well as sellers
...That accounts for the likes of Dell, PeopleSoft, EMC and BMC. The heavy lifting has been done by new entrants, contributing a fresh $2.7tn of market value between them....
...Cloud computing company Red Hat also saw gains after revising earnings estimates upwards and software company CA Inc soared 13.4 per cent to $35.80 on news of a potential buyout from BMC Software....
...Still, Verizon will be keen to dredge them up and make a return. How can Verizon make money from all the video flying across its networks after so many customers have stopped paying extra for it?...
...Pegasystems spent two years defending its case against YYZ, as part of a joint defence group that also included Hewlett-Packard, Adobe, Software AG and BMC....
...Novell Systems (RIP, 2010), Blue Coat Systems (2011), BMC Software (2013) and Compuware (2014) were among those cajoled into accepting acquisitions or buyouts....
...It goes on to warn its clients that they will “hear more lies about us and even hear from reporters who would like to dredge up old news”....
...Private equity funds Bain and Golden Gate Capital took BMC private in a $6.9bn deal in May....
...The company will replace BMC Software after the market closes on Tuesday. A listing is considered beneficial for a stock, as its inclusion means funds tracking the S&P 500 must buy up shares....
...“In 2013, for example, ADT Corporation, BMC Software and Nuance Communications were all downgraded, in actions that were at least influenced by responses to activist pressure.”...
...also teamed up with fellow private equity group Bain Capital to consider making a bid for Compuware, the business software maker, in a deal that could create a $9bn technology business The companies took BMC...
...For BMC Software, precisely 51 weeks. BMC announced on Monday that it would be sold to a group of private equity investors for $46.25 a share, or $6.9bn....
...Elliott is also agitating for a sale of Compuware, a smaller competitor to BMC. Should that deal get done, Compuware and BMC could make sense put together....
...We’re talking, of course, about BMC Software....
...(Financial Times) Bain and Golden Gate leadin BMC bid: “A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software Inc for more...
...In the tech world, big buyout firms had an underperforming company in their sights – not Dell, whose advisers neglected to include some key information in their fairness opinion memos, but BMC Software....
...That sounds reasonable – except that if the search tool is all it’s cracked up to be, it’s bound to dredge up all kinds of things that were theoretically available before but remained unfound....
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