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The Bidding War for SumTotal Systems

The Bidding War for SumTotal Systems

SumTotal SystemsSumTotal SystemsThere is now a little bidding war going on for SumTotal Systems.   ACCEL-KKR, a private equity firm, outbid Vista Equity Partners by offering approximately $124 Million for the company. This bid is approximately 20% higher than the $103 Million offer which Vista extended in early April.

This is a very positive thing – ... Read more»