Bain, Golden Gate in the lead to buy BMC Software for US$6.5b


NEW YORK: A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software Inc for more than $6.5 billion, three people familiar with the matter said on Tuesday.

Bain and Golden Gate offered more than a rival consortium of KKR & Co LP,TPG Capital LP and Thoma Bravo LLC, the sources said. The exact bids could not immediately be learned.

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