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Cadence offers to buy Mentor Graphics for $1.45B (AP)

Started by riky, June 17, 2008, 05:42:35 PM

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Cadence offers to buy Mentor Graphics for $1.45B
    (AP)

 



AP - Electronic design software maker Cadence Design Systems Inc. disclosed Tuesday it has offered $16 a share for smaller rival Mentor Graphics Corp., after failing to agree on deal privately for nearly two months.


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