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DST Systems shareholders approve merger with SS&C

DST Systems Inc. stockholders approved the company's pending merger with SS&C Technologies Holdings Inc.

Under the merger agreement, SS&C will acquire DST in an all-cash transaction for $84 per share plus assumption of debt. The parties have received all antitrust or competition authority approvals required to close the transaction.

The transaction is expected to close in April or May and remains subject to clearances and other customary closing conditions.