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Fly News Breaks for October 21, 2015
SWI
Oct 21, 2015 | 12:04 EDT
Northland analyst Tim Klasell believe the $60.10 per share buyout offer accepted by SolarWinds represents a fair value following a "well shopped process" and does not expect any competing bidder to emerge willing to pay a higher price. Klasell changed his price target to $60.10 to reflect the PE deal price and maintains a Market Perform rating on SolarWinds shares.
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