Business NewsMarketWire • Advent Announces Secondary Public Offering

Advent Announces Secondary Public Offering

Advent Announces Secondary Public Offering

SAN FRANCISCO, CA--(Marketwired - Aug 5, 2013) -  Advent Software, Inc. (NASDAQ: ADVS) announced today a public offering of 7,261,844 shares of its common stock (the "Offering") by persons and entities affiliated with SPO Advisory Corp. pursuant to Advent's shelf registration statement and preliminary prospectus supplement filed with the Securities and Exchange Commission. The selling stockholders will grant the underwriters an option to purchase up to an additional 1,089,277 shares. No shares are being sold by Advent in the Offering, and the selling stockholders will receive all of the proceeds from the Offering. 

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