Ron Burgundy Posted January 14, 2016 Share Posted January 14, 2016 (Reuters) - Business software company Progress Software Corp is considering a sale as part of an exploration of strategic alternatives and has spoken to private equity firms about a potential deal, according to people familiar with the matter. Progress Software is working with investment bank JPMorgan Chase & Co on a limited auction process that was open to only a small number of buyout firms, the people said this week. A leveraged buyout would be challenging because of the choppy debt markets, and there is no certainty the company's negotiations with potential buyers will lead to any deal, the people said. View the full article Quote Link to comment Share on other sites More sharing options...
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