Silver Lake will likely drop the acceptance threshold for its contentious EUR2.4B acquisition bid for Software AG, Bloomberg’s Eyk Henning, Aaron Kirchfeld, and Jan-Henrik-Foerster report, citing people with knowledge of the matter. The private equity firm is leaning towards abandoning a condition that its offer win support from investors owning just over 50% of the German company, the authors say.
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Published first on TheFly
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