Soft maker Deltek to be taken private for $890.5M

(AP)—Deltek Inc. shares slid nearly 8 percent Monday after the business software company said that it was being bought by private equity firm Thoma Bravo LLC in a cash deal worth about $890.5 million.

Do IPO firms become myopic?

Many analysts of financial markets are concerned that financial markets provide managers with economically harmful incentives. The rationale: Public firms have dispersed ownership, which in turn, leads to short-term pressures ...

US-based iGate to delist Indian unit Patni

US-based company iGate said Wednesday it plans to delist its unit Patni Computer Systems from stock exchanges by buying shares from the Indian company's public shareholders.

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