Private equity firm Thoma Bravo purchased the firm in an all-cash deal. Deltek (PROJ) shares slid after the supplier of enterprise software and other products to consulting firms and gov't contractors announced the deal. Deltek valued the deal at about $1.1 bil, but analysts said that based on Deltek's roughly 68.5 mil shares outstanding, the deal is worth about $890.5 mil. Shares fell 7.7% to 12.93.
Activity in China's vast manufacturing sector weakened further in June to a 9-month low as new orders faltered, …