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Re: hk2 post# 11935

Saturday, 02/07/2004 6:39:18 PM

Saturday, February 07, 2004 6:39:18 PM

Post# of 13554
Makes for interesting charts!

SunGard To Acquire SCT; Leading Provider of Integrated Software Solutions for Higher Education Expands SunGard Offerings
December 10, 2003 08:33:00 AM ET


SunGard Data Systems Inc. SDS and Systems & Computer Technology Corporation (SCT) SCTC announced today that they have reached a definitive agreement for the acquisition by SunGard of all of the shares of SCT for $16.50 per share in cash. Based on SCT's approximately 35.4 million fully diluted common shares outstanding, the transaction has an aggregate value of approximately $584 million. The board of directors of each company has approved the transaction. The acquisition is not expected to have a material impact on SunGard's financial results.

Thanks again.



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