Solera (SLH) Stock Soars in Pre-Market Trading on Merger Announcement

NEW YORK (TheStreet) -- Solera Holdings  stock is soaring by 9.57% to $54.18 in pre-market trading on Monday, after the company announced yesterday it had agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners.  An affiliate of Vista Equity Partners will acquire Solera in a transaction valued at around $6.5 billion. The firm will buy all outstanding shares of Solera for $55.85 each in cash, a premium of 53% over its closing share price of $36.39 on August 3, ac...