Talks for Broadcom Inc. to purchase SAS Institute Inc. have ended after the founders of the intently held software program firm modified their thoughts a couple of sale, individuals accustomed to the matter mentioned.
The Wall Road Journal reported Monday that the companies were discussing a deal that may worth SAS within the vary of $15 billion to $20 billion, together with any debt. Following the report, Jim Goodnight and John Sall, who co-founded SAS many years in the past and nonetheless run the corporate, had a change of coronary heart and determined to not promote to Broadcom, the individuals mentioned. Whether or not one other suitor for SAS may emerge isn’t clear.
https://www.marketwatch.com/story/broadcom-deal-to-buy-sas-falls-apart-11626215552?rss=1&siteid=rss
