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THOMA BRAVO BUYING DELTEK

Holden Spaht, Thoma BravoPrivate equity scores another acquisition in the mid-market as Thoma Bravo is buying Deltek for $1.1 billion. The deal is for $13 a share, which Bloomberg News reported as 7.3 percent less than the August 24 closing price, but 24 percent more than on June 11, the day before the company confidentially shared information with potential buyers. Read more...

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