Siris no longer interested in all-cash acquisition of Synchronoss

Siris Capital Group disclosed in a regulatory filing that on September 15, it informed Synchronoss Technologies that it is no longer interested in pursuing an all-cash acquisition of the company. As such, its indication of interest set forth in the June 22 letter is withdrawn. Siris, which owns 12.93% of the company's shares, added that it is "prepared to consider other forms" of a potential transaction. Synchronoss shares are down 12%, or $1.95, to $14.80 in pre-market market trading.