At a special meeting on Wednesday, shareholders of DST Systems Inc. (NYSE DST) approved plans for the Kansas City-based company to be acquired by SS&C Technologies Holdings Inc. (Nasdaq: SSNC).
The sale, which was first announced on Jan. 11, is for $84 a share in cash plus assumption of debt. The $5.4 billion deal has received approvals from DST's shareholders and antitrust authorities. It is expected to close in April or May.
SS&C Technologies is a Connecticut-based provider of investment management…
At a special meeting on Wednesday, shareholders of DST Systems Inc. (NYSE DST) approved plans for the Kansas City-based company to be acquired by SS&C Technologies Holdings Inc. (Nasdaq: SSNC).
The sale, which was first announced on Jan. 11, is for $84 a share in cash plus assumption of debt. The $5.4 billion deal has received approvals from DST's shareholders and antitrust authorities. It is expected to close in April or May.
SS&C Technologies is a Connecticut-based provider of investment management…