SS&C Sets IPO Range

SS&C Technologies Holdings, a Windsor, CT-based financial services software provider, has set price range for its initial public offering of 10.725 million shares at between $13 and $15 a share, according to an amended SEC filing. The offering, whose total projected value is between $139.4 million and $160.9 million, includes 8.225 million shares to be sold by SS&C and 2.50 million shares to be sold by certain stockholders. SS&C has applied to list its stock on the NASDAQ Global Market under the ticker SSNC.

http://www.ssctech.com/

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.