The proposed acquisition of SunGard Higher Education, announced in August, has cleared Department of Justice review. Hellman & Friedman intends to purchase SGHE from SunGard Data Systems for $1.775 billion and combine it with Datatel, which has been a Hellman & Friedman portfolio company since 2009 and also provides products and services to education institutions. The transaction is expected to close during the first quarter of 2012.
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