May 6, 2013 – BMC Software Inc., the software maker that abandoned a sale last year, has agreed to be taken private by a group led by Bain Capital LLC and Golden Gate Capital for $6.9 billion.

The buyout investors, which also include GIC Special Investments Pte Ltd. and Insight Venture Partners, agreed to pay $46.25 a share in cash, BMC said in a statement today. Elliott Associates LP, which owns a 9.6 percent stake, will vote in favor of the transaction, BMC said.

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