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SEC Approves Ansys Acquisition of Ansoft |
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Written by Philip Buonpastore
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Tuesday, 24 June 2008 |
SOUTHPOINTE, PA - Ansys Inc. has reported that the Securities and Exchange Commission had approved its planned acquisition of Ansoft Corp. for $832 million in cash and stock.
Ansoft stockholders will vote on the proposed deal on July 23.
Shares of Ansys rose 30 cents to $47.30 in after-hours trading, while Ansoft shares fell 2 cents to $36.45.
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