Accel-KKR Revises Agreement With Vista Equity

Davis, Avram
May 2009
Mergers & Acquisitions Report;5/25/2009, Vol. 22 Issue 21, p19
The article reports on the revision of the previous definitive merger agreement between SumTotal Systems Inc. and Accel-KKR. Under the terms of the new agreement, Accel-KKR will pay to 4.80 U.S. dollars in cash for the Mountain View, California-based technology company. According to the article, the present agreement of Accel-KKR with SumTotal represents a 11.23 percent increase from its previous offer of 3.80 U.S. dollars per share.


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