SS&C Technologies (SSNC) Commences 7M Secondary Offering

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the previously announced public secondary offering of 7,000,000 shares of its common stock offered by investment funds affiliated with The Carlyle Group to Citigroup, acting as underwriter for the offering, has been offered by the underwriter to purchasers in one or more transactions directly or through agents, or through brokers in brokerage transactions on The NASDAQ Global Select Market, or to dealers in negotiated transactions or in a combination of such methods of sale, at a fixed price or prices that may be changed, or at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. Upon completion of the offering, investment funds affiliated with The Carlyle Group will own approximately 27.37% of the common stock of SS&C. The offering is expected to close and settle on July 23, 2012, subject to customary closing conditions. Neither SS&C nor SS&C's management is selling any shares of common stock in the offering, and SS&C will not receive any of the proceeds from the offering of shares by the selling stockholders.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Penguin Solutions plans $650M convertible notes offering due 2031
• Tavia and Vita Inclinata sign LOI for $450M SPAC merger
• Gyre Therapeutics (GYRE) files for 31.03M share offering by selling stockholders