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Siemens to buy Mentor Graphics in $4.5 billion deal

November 14, 2016

Via: Reuters

Siemens has agreed to buy Mentor Graphics for $37.25 per share in cash, valuing the U.S. software group at $4.5 billion.

Siemens said on Monday that it expects the deal to result in savings that would lift earnings before interest and tax (EBIT) by more than 100 million euros ($108 million) within four years.

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