SS&C Technologies to Acquire DST Systems

The $84 a share cash deal between the software firms has a total value of $5.4 billion

Software company SS&C Technologies Holdings Inc. is buying DST Systems Inc. for $84 a share, the companies jointly announced Thursday.

The firms said the value of the cash deal—which also includes taking on DST’s debt—is about $5.4 billion. DST’s latest closing price was $79.89 a share.

The companies—whose boards have both approved the...

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