Jun
04
SunGard Files to Go Public After a Decade Owned by Private Equity
ByOne of the last megadeals from the buyout boom is headed back to the public markets.
SunGard, a financial software provider, filed on Thursday to go public, roughly a decade after being acquired by a consortium of investment firms in the early stages of a flush time for private equity.
The preliminary prospectus did not disclose how much the company plans to raise, giving only a placeholder fund-raising target of $100 million. Also not revealed: what the software maker’s stock ticker will be or on which stock market it will trade…
SunGard Files to Go Public After a Decade Owned by Private Equity
