Kirkland & Ellis and Allen & Overy scored the lead outside counsel roles as Vista Equity Partners agreed to pay $2 billion to acquire U.K. software company Misys plc.
Under the terms of the transaction, which was announced Monday, San Francisco-based Vista will pay $5.50 per Misys share-a 6 percent premium above the company’s closing share price on Friday. The agreement comes just a week after a planned all-share merger between Misys and Swiss rival Temenos collapsed when the companies failed to agree terms. Misys had previously rejected a bid from banking and payments technology company Fidelity National Information Services.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
