Tuesday, April 1, 2008

BMC Gets Regulatory Approval

Houston-based BMC said Monday that the firm has received early termination of the waiting period required by Hart-Scott-Rodino act, as part of its offer to acquire BladeLogic. BMC, which said in March that it would acquire BladeLogic for $800M, said the approval came on March 31st. BMC will pay $28.00 per share in cash for BladeLogic. Massachusetts-based BladeLogic is a developer of data center automation software.