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Advent Software says to remain independent after review
March 18, 2013 / 1:35 PM / 5 years ago

Advent Software says to remain independent after review

March 18 (Reuters) - Accounting software company Advent Software Inc said it decided to continue as an independent company after a strategic review, sending shares down 11 percent in early trading.

Advent had hired Frank Quattrone’s investment bank Qatalyst Partners to explore a sale, Reuters reported on March 12, quoting several sources familiar with the matter.

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