CIMdata PLM Industry Summary Online Archive
13 June 2008
Acquisitions
Autodesk Takes Ownership of Moldflow
Autodesk, Inc. announced stockholders of Moldflow Corporation tendered approximately 9,170,044 shares (as well as 816,859 shares that were tendered pursuant to guaranteed delivery procedures) which together represent 81.32% of Moldflow's issued and outstanding shares.
The tender offer expired at midnight, New York City time, on Thursday, June 12, 2008. Autodesk has accepted for payment all shares tendered in the offer.
A subsequent offering period with respect to the tender offer for the remaining shares of Moldflow will run until 6:00 pm, New York City time, on Thursday, June 19, 2008. During the subsequent offering period, holders of shares who did not previously tender their shares into the Offer may do so and will promptly receive the same purchase price as paid pursuant to the Offer of $22.00 per share in cash, without interest thereon, less any required withholding taxes. The procedures for accepting the Offer and tendering shares during the subsequent offering period are the same as those used in the tender offer except that: (i) the guaranteed delivery procedures may not be used during the subsequent offering period and (ii) shares tendered during the subsequent offering period may not be withdrawn.
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