Kirkland, A&O Lead On $2 Billion Private Equity Software Deal

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.
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