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BMC set to go private in $6.9 billion deal

2013-05-06 18:47:49| InfoWorld: Top News

BMC has agreed to be acquired by a private investment consortium headed by Bain Capital and Golden Capital, in a deal worth about $6.9 billion. The deal, which had been rumored for some time, is expected to close later this year, BMC said Monday. However, BMC has the right to solicit better offers from third parties for the next 30 days and the acquisition is subject to shareholder approval.

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