CIMdata PLM Industry Summary Online Archive
4 June 2007
Acquisitions
Statement from Telelogic Regarding Recent Market Speculation
In response to recent market speculation, and after consultation with the Nordic Exchange Stockholm, the Board of Directors of Telelogic AB confirms that it has received a conditional takeover proposal for all the issued and outstanding shares in the company at SEK 21 per share in cash. However, there can be no assurance that this will result in a transaction.
Telelogic will make a further announcement in the event of further developments.
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