Information Provided By: 
Fly News Breaks for September 6, 2018
SSNC
Sep 6, 2018 | 13:42 EDT
Jefferies analyst Surinder Thind notes that SS&C has agreed to acquire privately held Intralinks for $1.5B. The deal, which adds cloud collaboration software and virtual data rooms to the product offering and is the company's third big acquisition this year, suggests more aggressive strategy to broaden product set, he contends. Thind expects the acquisition to be low single digit plus accretive on day one. He reiterates a Buy rating and $58 price target on the shares.
News For SSNC From the Last 2 Days
There are no results for your query SSNC
