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US: SS&C buying wealth management software company DST Systems

By  |  January 14, 2018

On Thursday, January 11, SS&C Technologies Holdings, Inc. released a press release announcing its planned acquisition of DST Systems for US$5.4 billion, including debt.

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    DST is a global provider of specialized technology, strategic advisory and business operations outsourcing to the financial services and healthcare industries. SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry.

    The combined company will have an estimated US$3.9 billion in revenue with 13,000 clients.
    The transaction is still subject to shareholder approval as well as standard regulatory approval.

    Full Content: SS&C Technologies

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