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SunGard To Possess 99.23 Percent Of Shares Capital In GL TRADE

SunGard completes the tender offer by its wholly owned subsidiary SunGard Investment Ventures LLC for the outstanding shares of GL TRADE, a financial software company. Through Financiere Montmartre, SunGard now indirectly owns 9,734,093 shares of GL TRADE, representing 99.23% of

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SunGard completes the tender offer by its wholly owned subsidiary SunGard Investment Ventures LLC for the outstanding shares of GL TRADE, a financial software company. Through Financiere Montmartre, SunGard now indirectly owns 9,734,093 shares of GL TRADE, representing 99.23% of the share capital and voting rights of the company.

SunGard will request the mandatory squeeze-out (“retrait obligatoire”) and delisting of GL TRADE’s shares from Euronext Paris.

We are very pleased with the successful completion of this transaction, says Harold Finders, division chief executive officer, SunGard’s Financial Systems business. We are now able to fully integrate GL TRADE’s activities with those of SunGard and we look forward to offering an enhanced set of products and services to our combined network of customers.

L.D.

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