TITLE

BMC Launches Tender Offer for BladeLogic

AUTHOR(S)
Schachter, Ken
PUB. DATE
March 2008
SOURCE
Red Herring;3/21/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the launch of a $28 per share cash tender offer by BMC Software. The tender offer is offered to BladeLogic shareholders four days after the companies' merger plans were announced. The deal would see the exit of venture backers Bessemer Ventures and Battery Ventures. It is estimated at $831 million, based on 29.7 million shares outstanding of BladeLogic.
ACCESSION #
36876221

 

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