Cadence Offers $1.6bn In Cash For Mentor
Tuesday, June 17th, 2008The deal is valued at $1.6 billion, including $69 million in debt. Mentor refused to engage in talks with Cadence, saying it would rather remain independent. San Jose, Calif.-based Cadence took the offer public on Tuesday. Cadence’s advance may have prompted Mentor, a Wilsonville, Ore.-based software maker, to launch on May 9 a hostile 23.6 [...]
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