Subscribe to the Data Center Knowledge Newsletter
Get analysis and expert insight on the latest in data center business and technology delivered to your inbox daily.
ACS Takes Itself Off The Market
ACS has taken itself off the market after talks to sell the company to a group of private equity firms ended without a deal.
Rich Miller
January 17, 2006
1 Min Read
.svg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale "Data Center Knowledge logo")
Shares of Affiliated Computer Services Inc. (NYSE: ACS) slid today after ACS said it was unable to come to terms on a sale of the company to a group of private-equity investors. The company said it would take itself off the market, prompting shares of ACS to drop 7 percent, closing down $4.32 at $56 a share.
ACS had been rumored to be in talks with an investor group including Blackstone, Texas Pacific Group, Bain Capital and Silver Lake Partners. The Dallas-based firm has 55,000 employees and reported revenue of $4.35 billion in the fiscal year that ended June 30.
About the Author(s)
You May Also Like
.jpg?width=700&auto=webp&quality=80&disable=upscale)
