Ansys Stockholders Approve Transaction With Synopsys; Under The Terms Of The Merger Agreement, Ansys Stockholders Will Receive $197/Share In Cash And 0.3450 Shares Of Synopsys Common Stock For Each Ansys Share They Own, Valued At ~$35 Billion

Author: Benzinga Newsdesk | May 22, 2024 04:32pm

Represents Key Milestone Toward Completion of Transaction with Synopsys

PITTSBURGH, May 22, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ:ANSS) announced that at the special meeting of stockholders (the "Special Meeting") held earlier today, its stockholders voted to approve the proposed acquisition of Ansys by Synopsys, Inc. (NASDAQ:SNPS). Under the terms of the merger agreement, Ansys stockholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share they own, representing an enterprise value of approximately $35 billion based on the closing price of Synopsys common stock on December 21, 2023.

Posted In: ANSS SNPS