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CA Inc. completes deal to acquire Rally Software Development

CA Inc. on July 8 closed its acquisition of Rally Software Development Corp. for a transaction value of $471.2 million.

The company offered $19.5 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Qatalyst Partners LP was the financial adviser for CA Inc., and Wilson Sonsini Goodrich & Rosati Professional Corp. was the legal adviser.

Deutsche Bank Securities Inc. was the financial adviser for Rally Software Development, while Cooley LLP was the legal adviser.