- Market Realist•6 months ago
Improved market conditions, driven by a rebound in oil prices, have brought junk bond issuers back to the primary market. The primary market saw three deals being priced last week.
- Motley Fool•6 months ago
The utility becomes the newest component of the benchmark index, while CONSOL Energy shifts to the S&P Mid Cap 400 to replace Solera Holdings.
- American City Business Journals•6 months ago
Vista Equity Partners, one of Austin’s largest private equity firms, has completed its take-private acquisition of Solera Holdings Inc., a Dallas-area maker of risk and asset management software, for $6.5 billion or $55.85 per share. Vista Equity bought Solera through an affiliate with investment from Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries Inc., and Goldman Sachs & Co., the companies said in a prepared statement. Vista Equity, which focuses on technology investment, is headed by CEO Robert Smith and President Brian Sheth, two of the wealthiest people in the Austin area.