Wednesday, September 9, 2009

MSC.Software Gets Competing Acquisition Offer

Santa Ana-based MSC.Software, a developer of simulation software, reported today that it has received a new offer to acquire the company from another private equity firm. According to MSC, the new offer is priced at $8.00 per share, above an agreement announced in July to acquire MSC at $7.53 per share in cash by Maximus Inc. and Symphony Technology Group. Name of the new bidder on the firm was not disclosed.

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