Oct 14, 2009 | Hot Topics
Symphony Technology Group (STG) announced today that it has completed its acquisition of MSC Software for a grand total of $390 million and that Dominic Gallello will be taking over as CEO.According to the press release, STG "will build a stronger company,...Sep 29, 2009 | Hot Topics
MSC.Software Corporation announced today that it has entered into an agreement with Symphony Technology Group at $8.40 per share in cash. Recall that MSC announced that it had received an offer from third-party private equity firms to acquire the company for...Sep 27, 2009 | Hot Topics
We’ll find out soon enough, but at least some investors think that MSC has or is about to receive an offer of more than $8.30 per share. The stock closed the week at $8.31 but dipped back to $8.26 in after-hours trading on Friday. We’ve gone from a total deal value of...Sep 22, 2009 | Hot Topics
MSC Software announced today that it received a new offer from the unnamed party bidding on the company of $8.30 per share. Symphony now has until September 28 to make a “responsive offer”. Under the original deal struck between MSC and Symphony, MSC may terminate...Sep 17, 2009 | Hot Topics
In a sort of non-announcement, MSC Software today announced that Symphony Technology Group has bumped its offer to $8.15 per share in cash, equalling the offer it received from an unnamed third party last week. According to the press release, “The MSC Board of...Sep 15, 2009 | Hot Topics
MSC Software announced that its board of directors has received revised offers to acquire the company. The original offer of $7.63 per share from Symphony was trumped last week when an unnamed party offered $8.00 per share; under the original agreement between...
