Salem Radio Network News Sunday, December 5, 2021

Science

UK’s Blue Prism agrees to $1.63 billion final takeover offer from Vista

(Reuters) – Britain’s Blue Prism has agreed to a final takeover offer from Vista Equity, valuing the robotics software company at 1.22 billion pounds ($1.63 billion), the U.S. private equity firm said on Thursday, topping an offer from SS&C Technologies.

The increased 1,250 pence-per-share cash offer from Vista comes amid objections to the deal from activist investor Coast Capital, who has supported U.S.-based SS&C’s proposal.

($1 = 0.7506 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru, Editing by William Maclean)

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