Software selloff is disrupting some M&A and IPO deals, US bankers say
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A selloff in the software sector is reportedly disrupting some merger and acquisition deals as well as initial public offerings. Some companies, however, are still exploring sale or ipo options, with one private equity-owned software company potentially targeting a sale or ipo at a high valuation. The impact of the selloff is also being felt in broader market trends, with tech stocks expected to continue weakening.