Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Mentor Graphics Corp    MENT

News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

MENTOR GRAPHICS CORP : Other Events (form 8-K)

share with twitter share with LinkedIn share with facebook
share via e-mail
02/24/2017 | 10:05pm CET

Item 8.01. Other Events.

On February 23, 2017, Mentor Graphics Corporation, an Oregon corporation (the "Company") and Siemens Industry, Inc., a Delaware corporation ("Parent"), received clearance by the Korea Fair Trade Commission under the Monopoly Regulation and Fair Trade Act to complete the pending acquisition of the Company by Parent pursuant to the Agreement and Plan of Merger, dated November 12, 2016 ("the Merger Agreement"), among the Company, Parent, and Meadowlark Subsidiary Corporation, an Oregon corporation and a wholly-owned subsidiary of Parent (the "Merger").

The notice of clearance by the Korea Fair Trade Commission satisfies one of the conditions to the closing of the Merger, which remains subject to other customary closing conditions, including other regulatory approvals.


Additional Information and Where to Find It

In connection with the proposed transaction, the Company has filed with the U.S. Securities and Exchange Commission (the "SEC") and mailed or otherwise provided to its shareholders a proxy statement regarding the proposed transaction. Investors and security holders may obtain a free copy of the proxy statement and other documents that the Company files with the SEC (when available) from the SEC's website at www.sec.gov and the Company's website at www.mentor.com. In addition, the proxy statement and other documents filed by the Company with the SEC (when available) may be obtained from the Company free of charge by directing a request to Mentor Graphics Corporation, Investor Relations, 8005 SW Boeckman Rd., Wilsonville, OR 97070, 1-503-685-1462.

Forward Looking Statements

Any statements in this communication about the Company's expectations, beliefs, plans, objectives, prospects, financial condition, assumptions or future events or performance, including statements regarding the proposed acquisition of the Company by Siemens Industry, Inc., the expected timetable for completing the transaction, benefits and synergies of the transaction and future opportunities for the combined company that are not historical facts are forward-looking statements. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Reform Act of 1995. In some cases, forward-looking statements can be identified by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "outlook," "guidance" and similar expressions, although not all forward-looking statements contain these words. The forward-looking information and statements are or may be based on a series of projections and estimates and involve risks and uncertainties. These risks and uncertainties include such factors as: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement, (2) the failure to satisfy any closing conditions, (3) risks related to disruption of management's attention from the Company's ongoing business operations due to the proposed transaction, and (4) the effect of the announcement of the transaction on the ability of the Company to retain and hire key personnel and maintain relationships with its customers, suppliers and others with whom it does business, or on its operating results and business generally. Additional risks relating to the Company and its business are described under Item 1A, "Risk Factors," in the Company's periodic filings with the SEC, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2015 and its Quarterly Reports on Form 10-Q for the periods ended April 30, 2016, July 31, 2016 and October 31, 2016. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. Further, any forward-looking statement speaks only as of the date of this communication and the Company disclaims any obligation to update any such forward-looking statements or to publicly announce the results of any revisions to any of the forward-looking statements to reflect future events or developments.


© Edgar Online, source Glimpses

share with twitter share with LinkedIn share with facebook
share via e-mail
02/24 MENTOR GRAPHICS CORP : Other Events (form 8-K)
02/22 MENTOR GRAPHICS : Announces New President and Managing Director for Japan
02/21 MENTOR GRAPHICS : Adds ReqTracer to Fast-Growing Mentor Safe ISO 26262 Qualifica..
02/16 MENTOR GRAPHICS : Announces Veloce Strato Platform Scales Up to 15BG
02/15 MENTOR GRAPHICS : AMD extends partnership with Mentor Graphics
02/14 MENTOR GRAPHICS : Phoenix Contact Achieves Traceability Success With Mentor Grap..
02/09 MENTOR GRAPHICS CORP : Other Events (form 8-K)
02/09 MENTOR GRAPHICS : Patent Issued for Compiler for Closed-Loop 1.Times.N VLSI Desi..
01/26 MENTOR GRAPHICS CORP : Other Events (form 8-K)
01/19 MENTOR GRAPHICS : CEO Walden C. Rhines Named IEEE Fellow
More news
Sector news : Software - NEC
01:49pDJTHE NEWEST BANK BLOCKCHAIN : Will This Be the Breakthrough?
01:20p SAP CEO McDermott overtakes Daimler's Zetsche in 2016 pay
02/23DJALPHABET : Companies Seek to Sway Trump Administration on FTC Choice--Update
02/23DJINTUIT : Revenue Rises 10%
02/23DJALPHABET : Companies Seek to Sway Trump Administration on FTC Choice
More sector news : Software - NEC
News from SeekingAlpha
02/27 Buffett Doubles Apple, Seeks Deals
02/23 EU approval for Siemens-Mentor deal
02/15 Top Merger Stocks Held By Fund Managers (Mid-Q1 2017 Edition)
02/10 Trump Deals With China; Who Wins?
02/06 AT&T Dodges Bullet
Financials ($)
Sales 2017 1 218 M
EBIT 2017 234 M
Net income 2017 136 M
Finance 2017 120 M
Yield 2017 0,59%
P/E ratio 2017 31,17
P/E ratio 2018 32,32
EV / Sales 2017 3,26x
EV / Sales 2018 3,01x
Capitalization 4 094 M
More Financials
Duration : Period :
Mentor Graphics Corp Technical Analysis Chart | MENT | US5872001061 | 4-Traders
Full-screen chart
Technical analysis trends MENTOR GRAPHICS CORP
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 5
Average target price 37,3 $
Spread / Average Target 0,43%
Consensus details
EPS Revisions
More Estimates Revisions
Walden C. Rhines Chairman & Chief Executive Officer
Gregory K. Hinckley President & Chief Financial Officer
Ananthan Thandri Chief Information Officer & Vice President
Peter Leahy Bonfield Independent Director
Keith L. Barnes Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
RED HAT INC21.75%14 937
HEXAGON AB10.94%13 809
CITRIX SYSTEMS, INC.-10.22%12 533
SYNOPSYS, INC.22.43%10 875
More Results