Notable Mergers and Acquisitions of the Day 7/8: MSCS, SYNO, DLL...

Courtesy StreetInsider.com News Articles  Wed, 07/08/2009 - 08:10
  • Symphony Technology Group and Elliott Management Corp. announced that affiliates of STG have entered into a definitive agreement with MSC.Software Corporation (Nasdaq: MSCS) to acquire all of MSC's outstanding shares in a one-step all-cash merger transaction valued at approximately $360 million.

    Under the terms of the agreement, MSC's stockholders will receive $7.63 in cash for each share of MSC common stock, representing approximately a 13% premium to the closing price per share of MSC's stock prior to this announcement.

    MSC.Software's...

 

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