nwinnovation
High Technology News and Information for the Pacific Northwest Region
Home
Mobile
News and Events
  • Headlines
  • Interviews
  • Events
  • Jobs
  • VC Funds
    		•
    Members Only
  • Networking
  • Venture Deals
  • Venture Firms
  • Companies
  • People
  • Exits
  • VentureMap
  • PowerSearch
  • FundingSearch
  • Stats
  • Dashboard
  • Satellite
  • Post Jobs
    • About
  • About
  • Contact Us
    		•
    Search News
    Subscribe with Bloglines Subscribe in NewsGator Online Add to My Yahoo
    Tuesday, July 1, 2008

    Mentor Graphics Hires Investment Bank


    Mentor Graphics Corp., a provider of electronic hardware and software design solutions, announced Monday that it has hired an investment bank to help it consider an unsolicited purchase offer from semiconductor design software firm Cadence Design Systems Inc. Specifically, Mentor Graphics said its board of directors has retained Goldman Sachs and Merrill Lynch as financial advisors and Latham & Watkins LLP as legal advisor. The Wilsonville, Ore.-based company received an unsolicited written proposal from Cadence in June to acquire all outstanding shares of Mentor Graphics at a price of $16.00 per share; the firm had initially rejected the offer, citing the price proposal and risks associated with obtaining antitrust approval for combing the two companies.
    posted on Tuesday, July 1, 2008


    Related companies:
    Mentor Graphics

    Related stories:
    > Mentor Graphics Gets $140 In Credit Facility
    > Mentor Graphics Signs iVivity
    > Mentor Graphics, EVE Settle Patent Litigation
    > Mentor Graphics Buys Sierra Design
    > Mentor Graphics Gets, Rejects Takeover Offer
    Sign up to receive updates via our daily email newsletter

    Enter your email:


    Previous Issues

     Thursday, December 4, 2008
    Wednesday, December 3, 2008
    Tuesday, December 2, 2008
    Monday, December 1, 2008
    Wednesday, November 26, 2008