MSC Software was all set to be bought out by Symphony Technology Group for $7.63 per share (roughly $370 million). Then last week came a better offer from an unnamed third-party for $8.15/share.
Symphony matched the offer, and now MSC says they're "carefully considering the Symphony Revised Offer and the Third-Party Offer." Over the past few months, the company's share price has hovered just under $8.
Source.
Symphony matched the offer, and now MSC says they're "carefully considering the Symphony Revised Offer and the Third-Party Offer." Over the past few months, the company's share price has hovered just under $8.
Source.
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