July 25, 2008
 
News Article
 
 

SS&C Technologies Prevails in Battle for Financial Models Company

April 19, 2005

 
On April 19, 2005, SS&C Technologies, Inc. of Windsor, Connecticut completed its acquisition of Financial Models Company Inc. for approximately $207 million pursuant to an all-cash take-over bid announced on February 25, 2005.  Established in 1976, FMC is a global leader in delivering advanced technology solutions to the investment management community.  The completion of this transaction followed a series of hearings before the Ontario Securities Commission, the Ontario Superior Court of Justice and the Ontario Court of Appeal relating to competing bids from Stamos D. Katotakis, a founder and 40% shareholder of FMC, and Linedata Services S.A. of Paris, France.

SS&C was represented by Richard Cherney, Neil Kravitz, Olivier Desilets, Steven Harris and Brian Kujavsky (corporate/securities) of Davies Ward Philips & Vineberg LLP in Canada.

 

 
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