WilmerHale Leads $241M Carlyle Sell-Off Of SS&C Shares

Law360, New York (May 9, 2013, 2:33 PM EDT) -- The Carlyle Group, whose funds are currently SS&C Technologies Holdings Inc.'s largest shareholder, is getting ready to sell off about $241 million worth of shares — or about half of its holdings in the financial software company, according to a Wednesday regulatory filing.

Per the sale, the Carlyle investment funds intend to sell off about 7.5 million shares at a proposed maximum price of $32.15 per share, according to an SS&C filing with the U.S. Securities and Exchange Commission. That price was below SS&C's closing $33.40...
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