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02.12 - 03:25
UK software firm Blue Prism surges 10% on potential bidding war
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LONDON — Shares of Blue Prism surged Tuesday after the British software company disclosed it received a takeover offer from U.S.-based tech firm SS&C Technologies Holdings, setting off a potential bidding war.
London-listed Blue Prism has already agreed a deal to go private in a nearly £1.1 billion ($1.47 billion) sale to American private equity firm Vista Equity Partners.
But the company revealed on Tuesday that SS&C Technologies, a Windsor, Connecticut-based firm that sells
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