BMC Software Explores Potential Sale

Published on October 1, 2012
by Anupreeta Das

BMC Software Inc., a $6.6 billion business software company, is exploring a potential sale.

BMC, which in July agreed to nominate two board directors chosen by activist hedge fund Elliott Management, has selected Bank of America Merrill Lynch to assist it with a strategic review, including seeking a buyer for the company, people familiar with the matter said.

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