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BRIEF-Dassault Systemes to acquire Exa corporation‍​
September 28, 2017 / 5:27 AM / in 2 months

BRIEF-Dassault Systemes to acquire Exa corporation‍​

Sept 28 (Reuters) - DASSAULT SYSTEMES

* TO ACQUIRE EXA CORPORATION

* SIGNING OF A DEFINITIVE MERGER AGREEMENT FOR DASSAULT SYSTÈMES TO ACQUIRE BURLINGTON, MASSACHUSETTS-BASED EXA.

* A SUBSIDIARY OF DASSAULT SYSTÈMES WILL COMMENCE A TENDER OFFER WITHIN THE NEXT 10 BUSINESS DAYS TO ACQUIRE ALL SHARES OF EXA COMMON STOCK

* PRICE PER SHARE OF $24.45 PAYABLE IN CASH UPON COMPLETION OF THE OFFER

* FULLY DILUTED EQUITY VALUE FOR EXA OF APPROXIMATELY $400 MILLION

* COMPLETION OF THE TRANSACTION IS EXPECTED IN THE FOURTH QUARTER OF 2017‍​ Source text: bit.ly/2wlA3jo Further company coverage: (Gdynia Newsroom)

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