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Mergers & Acquisitions

Aug. 11, 2011

Simpson Thacher advises in $1.8 billion buy

San Francisco-based private equity firm Hellman & Friedman LLC turned to Simpson Thacher & Bartlett LLP to buy the higher education business of Pennsylvania-based SunGard Data Systems Inc. for $1.78 billion.

By Robert Pierce
Daily Journal Staff Writer

San Francisco-based private equity firm Hellman & Friedman LLC turned to Simpson Thacher & Bartlett LLP to buy the higher education business of Pennsylvania-based SunGard Data Systems Inc. for $1.78 billion. The private equity firm will combine SunGard Higher Education with its existing portfolio company, Datatel Inc. Both Virginia-based Datatel and SunGard Higher Education are technology and software companies serving colleges, u...

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