Deals
IHS Said to Explore Counteroffer to Vista for Solera Holdings
- Solera-Vista pact includes `go shop' to solicit other bids
- Vista agreed to buy Solera Holdings for $6.5 billion
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IHS Inc., the Englewood, Colorado-based company that provides data to global businesses, is considering topping Vista Equity Partners’ $55.85-a-share offer for Solera Holdings Inc., people with knowledge of the matter said.
Solera mentioned in a Sept. 16 regulatory filing an “excluded person” it could continue negotiations with during a go-shop period -- a span in which it can solicit competing bids. IHS is that party, said the people, who asked not to be identified because the process is private.