SS&C (SSNC) Announces 7M Secondary Offering on Behalf of The Carlyle Group
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SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced a public offering of its common stock. The size of the offering is 7,000,000 shares of common stock offered by investment funds affiliated with The Carlyle Group. Upon completion of the offering, investment funds affiliated with The Carlyle Group will own approximately 27.37% of the common stock of SS&C Holdings. The offering is expected to close and settle on July 23, 2012. The company will not receive any of the proceeds from the offering of shares by the selling stockholders.
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