Key Developments: Advent Software Inc (ADVS.O)

ADVS.O on Nasdaq

43.77USD
22 May 2015
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Latest Key Developments (Source: Significant Developments)

SS&C Technologies Holdings Inc to acquire Advent Software Inc
Monday, 2 Feb 2015 04:52pm EST 

SS&C Technologies Holdings Inc and Advent Software Inc:Says companies have entered into definitive agreement wherein SS&C will acquire Advent.Under terms of the agreement, SS&C will purchase Advent for enterprise value of about $2.7 bln in cash, equating to $44.25 per share plus assumption of debt.SS&C plans to fund acquisition and refinancing of existing debt with $3.0 bln of debt financing and cash on hand and about $400 million of equity.Morgan Stanley and Deutsche Bank have provided fully committed debt financing.Both SS&C and Advent's Board of Directors have unanimously approved transaction, which is expected to close in second quarter of this year, subject to Advent stockholder approval, clearances by relevant regulatory authorities and other customary closing conditions\.Morgan Stanley and Deutsche Bank acted as financial advisors and Davis Polk & Wardwell acted as legal advisor to SS&C.Qatalyst Partners acted as financial advisor and Wilson Sonsini Goodrich & Rosati acted as legal advisor to Advent.  Full Article

Advent Software Inc approves dividend
Tuesday, 9 Dec 2014 08:30am EST 

Advent Software Inc:Approved dividend of $0.13 per share.Says cash dividend payment will be made on Jan. 15, 2015 to shareholders of record of common stock at close of business on Dec. 31, 2014.  Full Article

Advent Software lowers high end of FY 2014 revenue guidance below analysts' estimates; gives Q4 2014 revenue guidance in line with analysts' estimates
Monday, 27 Oct 2014 04:15pm EDT 

Advent Software Inc:Expects FY 2014 revenue to be in the range of $395 - $398 mln.Expects Q4 2014 revenue to be in the range of $99 - $102 mln.FY 2014 revenue of $400 mln and Q4 2014 revenue of $102 mln - Thomson Reuters I/B/E/S.  Full Article

Advent Software Inc declares dividend
Wednesday, 17 Sep 2014 08:30am EDT 

Advent Software Inc:Approves a regular quarterly dividend of $0.13 per share.Payment will be made on Oct. 15 to shareholders of record of Advent's common stock at the close of business on Sept. 30.  Full Article

Advent Software Inc announces secondary offering of common stock
Wednesday, 13 Aug 2014 04:24pm EDT 

Advent Software Inc:Sale of 3,750,000 shares of common stock by private investment fund TPG.Company will not receive any of the proceeds from the offering of shares by TPG.UBS Investment Bank is acting as the sole underwriter for the offering.  Full Article

Advent Software Inc gives Q3 2014 revenue outlook in line with analysts' estimates; reaffirms FY 2014 revenue outlook
Monday, 28 Jul 2014 04:19pm EDT 

Advent Software Inc:Expects Q3 2014 total revenue in the range of $99 - $102 mln.Expects FY 2014 total revenue in the range of $395 - $403 mln.Q3 2014 revenue of $101 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $398 mln - Thomson Reuters I/B/E/S.  Full Article

Advent Software Inc updates FY 2014 revenue guidance - Conference Call
Thursday, 8 May 2014 01:30pm EDT 

Advent Software Inc:Says it is guiding FY 2014 to about $399 million in revenue.FY 2014 revenue of $399 million - Thomson Reuters I/B/E/S.  Full Article

Advent Software authorizes share repurchase
Thursday, 8 May 2014 09:05am EDT 

Advent Software Inc:Authorizes repurchase of up to an additional 1.0 mln shares of the company's common stock.  Full Article

Advent Software Inc approves quarterly cash dividend
Monday, 28 Apr 2014 04:15pm EDT 

Advent Software Inc:Approves payment of a quarterly cash dividend to its shareholders.Says the quarterly cash dividend payment of $0.13 per common share will be made on July 15 to shareholders of record as of June 30.  Full Article

Advent Software Inc reaffirms FY 2014 revenue guidance; gives Q2 2014 revenue guidance below analysts' estimates
Monday, 28 Apr 2014 04:15pm EDT 

Advent Software Inc:Expects Q2 2014 total revenue in the range of $96-$98 million.Expects FY 2014 total revenue in the range of $395-$403 million.Q2 2014 revenue of $99 million - Thomson Reuters I/B/E/S.FY 2014 revenue of $400 million - Thomson Reuters I/B/E/S.  Full Article

DIARY-U.S. MEETINGS/WEEK AHEAD

Thomson Reuters April 13, 2015 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - MONTH AHEAD Dividends Non S&P 500 - Weekly Federal Reserve events ConferenceCall/Webcast - Weekly Meetings - Weekly Xtra users can see more details on conference calls & webcasts by hovering your mouse over the RIC, right click, now click on Related Co Data, now click on Co Events.

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