egogakydo.wordpress.com
The buyer, a holding company created by private-equity firm and its portfolip company , will pay 92 cents per sharde for SoftBrands. Shares of SoftBrandsd closed at 47 cents per share on On the same datein 2008, stock closed at 1.09 per share. San Francisco, Calif.-baseed Golden Gate Capital hasabout $9 billion in assete under management. Infor, based in Alpharetta, Ga., is a software companhy with about 9,000 employees and $2.2 billion in Minneapolis-based SoftBrands (AMEX: SBN) sells software to the hospitality industry, as well as to smallp and mid-sized manufacturers under the brand.
Its products handle tasks such as makinhg reservations to setting room SoftBrands CEO Randy Toftelanrd said in a press statemenft that the deal will allow shareholdersto “realizde significant value from their investment.” He also said the companyt would benefit from an “alliance” with Infor. A spokeswoman for Info r said SoftBrands will continue to have a presencwein Minneapolis, though it has yet to be determined how many employees will remain here. SoftBrands’ board has alread approved the sale, which is expecteds to close in between 60 and90 days.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น