SunTrust Downgrades Solera Holdings (SLH) to Neutral
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Baird Downgrades Solera Holdings (SLH) to Neutral
September 14, 2015 6:54 AM EDTBaird downgraded Solera Holdings (NYSE: SLH) from Outperform to Neutral with a price target of $56.00 (from $53.00).
For an analyst ratings summary and ratings history on Solera Holdings click here. For more ratings news on Solera Holdings click here.
Shares of Solera Holdings closed at $49.45 yesterday.
... MoreVista Equity to Acquire Solera Holdings (SLH) in $6.5B Deal
September 14, 2015 6:30 AM EDTSolera Holdings (NYSE: SLH) announced that it has entered into a definitive merger agreement (the "Merger Agreement") pursuant to which an affiliate of Vista Equity Partners ("Vista") will acquire Solera in a transaction valued at approximately $6.5 billion (the "Merger"), including the existing net debt of Solera. Other key investors include an affiliate of Koch Equity Development LLC ("Koch Equity Development"), the investment and acquisition subsidiary of Koch Industries, Inc., and an affiliate of Goldman, Sachs & Co.
Pursuant to the Merger Agreement, Vista will acquire 100% of the outstanding shares of Solera common... More
