Fundtech accepts $390m GTCR offer - Globes: "Financial services software developer Fundtech Ltd. (Nasdaq: FNDT; TASE: FNDT) has cancelled its merger agreement with S1 Corporation (Nasdaq: SONE) and accepted the $390 million binding offer from private equity fund GTRC Fund X/A LP, which offered $23.33 per share in cash on Thursday, a 33% premium on Fundtech's closing price on Nasdaq the day before.
GTCR will merge Fundtech with its portfolio company BankServ Inc., a SaaS banking and payments solutions company, which it acquired in August"
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