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Fly News Breaks for August 20, 2015
SLH
Aug 20, 2015 | 06:45 EDT
Piper Jaffray analyst Peter Appert says his preliminary calculations suggest that a leveraged buyout value above the mid $40 per share range may be difficult to achieve for Solera Holdings. The stock closed yesterday up 15c to $48.65 after Bloomberg reported the seller of risk-management software is exploring a sale that has attracted interest from private equity firms. Appert views the shares as fairly valued from a fundamental standpoint and keeps a Neutral rating on Solera.
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