Published on 23 May 2024 on Zacks via Yahoo Finance
Ansys (ANSS) Shareholders Approve Acquisition by Synopsys
Ansys ANSS announced that its shareholders have voted to approve the proposed acquisition by Synopsys. The terms of the agreement outline that Ansys shareholders will receive $197 in cash along with 0.3450 shares of Synopsys common stock for each Ansys share.
Ansys added that about 98.7% of the shareholders voted in favor of the acquisition, which represented approximately 83.8% of the total outstanding shares of the company’s common stock. This deal, valued at approximately $35 billion, reflects an implied per-share consideration of $390.19 and represents a premium of about 29% over Ansys' closing stock price on Dec 21, 2023.