BRIEF-UK's CMA Says Could Approve Synopsys/Ansys Merger If Competition Concerns Are Resolved

+1.30% Pre

+2.82% Pre

+0.30%

+0.61%

+1.28%

ANSYS, Inc.

ANSS

356.63

+1.30%

0.00% Pre

Synopsys, Inc.

SNPS

544.70

+2.82%

0.00% Pre

Dow Jones Industrial Average

DJI

44156.73

+0.30%

S&P 500 INDEX

SPX

6086.37

+0.61%

NASDAQ

IXIC

20009.34

+1.28%

Dec 20 (Reuters) - UK's CMA:

COMPETITION AND MKTS - MERGER UPDATE: SYNOPSYS / ANSYS
CMA: COULD APPROVE SYNOPSYS / ANSYS MERGER IF COMPETITION CONCERNS ARE RESOLVED
UK'S CMA SAYS COULD APPROVE SYNOPSYS / ANSYS MERGER IF COMPETITION CONCERNS ARE RESOLVED
UK'S CMA SAYS FOUND SYNOPSYS/ ANSYS DEAL COULD REDUCE COMPETITION IN SUPPLY OF CERTAIN SEMICONDUCTOR CHIP DESIGN AND LIGHT SIMULATION PRODUCTS
CMA: IF SUITABLE PROPOSALS ARE NOT SUBMITTED, CMA WILL PROGRESS TO IN-DEPTH PHASE 2 INVESTIGATION OF SYNOPSYS / ANSYS MERGER

Source text: ID:nRST9483Qa

Further company coverage: ANSS.O

((Reuters.Briefs@thomsonreuters.com;))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.