Windsor financial-software services vendor SS&C Technologies Corp. has closed its deal with GlobeOp stockholders.
At Monday’s deadline, SS&C said it received offer acceptances for 110,467,429 GlobeOp shares, representing approximately 99.95 percent.
Now that the offer has closed, those who failed to tender are subject to the “squeeze out” provisions allowed under U.S. and British merger laws.
SS&C and GlobeOp, a London/New York hedge-fund administrator, announced their respective boards’ approval of the $818 million merger in March.
