WASHINGTON (dpa-AFX) - For The Record announced that it has entered into a definitive agreement to be acquired by Tyler Technologies, Inc (TYL) for an enterprise value of $258 million.
Tyler Technologies is a provider of integrated software and technology services for the public sector. Tyler's end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other.
TYL closed Monday's regular trading at $362.88, down $6.52 or 1.77%. In after-hours trading at 7:58:29 PM EST, the stock rebounded to $369.96, gaining $7.08 or 1.95%.
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