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June 29 (Reuters) - U.S. private equity firm Silver Lake said on Thursday it has secured a majority of 63% in Software AG (SOWGn.DE) and intends to pursue a delisting of the business software developer...
The final results for the initial acceptance period is expected to be issued on July 3, the company said.. Silver Lake had in April offered to buy Software AG for 30 euros per share, valuing the German software developer at 2.2 billion euros ($2.39 billion)..
Software AG's management and supervisory boards supported Silver Lake despite Bain's higher offer of 36 euros per share, drawing criticism from minority shareholders at the company's annual general meeting last month...
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Silver Lake to buy Germany's Software AG in $2.42 billion deal
22, Apr, 23Private-equity firm Silver Lake has offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion).