Correcting Dates in Mentor Graphics Release.--(BUSINESS WIRE)-- In BW1263, (MENTOR-GRAPHICS) Mentor Graphics Mentor Graphics, Inc (NASDAQ: MENT) is a US-based multinational corporation dealing in electronic design automation (EDA) for electrical engineering and electronics, as of 2004, ranked third in the EDA industry it helped create. Sets Special Meeting of Quickturn Stockholders, two dates have been revised In the fifth from last paragraph, fifth line should read xxx July 31, 1998 sted July 1, 1998. And in the fourth from last paragraph, second line should read xxx October 6, 1998 sted October 7, 1998. The two corrected paragraphs follow. Mentor's tender offer was commenced on August 12, 1998. The offer price of $12.125 per share in cash represents a premium of 51.6 percent over Quickturn's closing price of $8.00 per share on August 11, 1998, the day before the Mentor Mentor, in Greek mythology Mentor (mĕn`tər, –tôr'), in Greek mythology, friend of Odysseus and tutor of Telemachus. offer was announced. Based on Quickturn's 17,922,518 shares outstanding at July 31, 1998 (including 591,500 shares owned by Mentor, or approximately 3.3 percent of the total), the transaction is valued at $217 million. As previously announced, Mentor's tender offer is scheduled to expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. at 12:00 midnight, New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Tuesday, October 6, 1998, unless extended. The offer is not subject to any financing condition. The tender offer is subject to terms and conditions including a majority of outstanding Quickturn shares being validly tendered and not withdrawn; redemption or removal of Quickturn's shareholder rights plan; and the inapplicability in·ap·pli·ca·ble adj. Not applicable: rules inapplicable to day students. in·ap of the Delaware business combination statute. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion