Some BMC Software
I took a small position today in BMC Software (Ticker: BMC) today at $43.84. Bids are due today and it looks like two private equity teams (KKR / TPG Capital and Bain / Golden Gate Capital) are bidding for this company. Price being floated around is mid 40’s plus so we’ll see. I don’t expect any surprise bidders like what transpired with Life Technologies (Ticker: LIFE). I have to thank Infosource7 for this one as it fell off my radar screen.
posted by Money Turtle @ 12:06 PM
3 comments
3 Comments:
MT,
Todays BMC price drop at approx. 1:10PM was not BMC related. The market indexes and many stocks dipped at this time as the AP news Twitter fed was hacked and indicated the White house had been attacked. The market indexes and stock prices have since bounced back. More updates on CNBC and national news this evening.
Regards,
inforesource7
MT,
This just in from the news wire.I hope you did not get stopped out today.
http://www.bloomberg.com/news/2013-04-23/bmc-said-to-get-separate-bids-from-kkr-and-bain-buyout-groups.html
Regards,
inforesource7
Nope, I'm still holding onto my position in BMC.
Post a Comment
<< Home