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The investment systems and services giant is buying DST Systems for $5.4 billion, bolstering its foray into the $25 trillion U.S. retirement market.
SS&C Technologies Holdings, a major provider of financial services software systems and software-enabled services, announced January 11 that is acquiring DST Systems, an information processing and servicing solutions vendor, for approximately $5.4 billion in an all-cash transaction for $84 per share plus assumption of debt, officials say. This acquisition follows SS&C’s late 2014 purchase of...
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