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: TechAgreements

Accelrys, Inc. And SYMYX Technologies, Inc. Announce Merger Creates A New Leader In Scientific Informatics Software

By TechAgreements

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The merger, structured as a tax-free, all-stock merger of equals, was approved by both companies' Boards of Directors. On a combined basis, Accelrys and Symyx have a pre-announcement market capitalization of approximately $335 million, cash reserves of approximately $150 million (net of transaction costs), and no debt. Under the terms of the agreement, Symyx shareholders will receive 0.7802...

Full post as published by TechAgreements on April 05, 2010 (boomark / email).

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