Edition:
India

Dassault Systèmes To Buy Medidata Solutions At $92.25/Shr


Wednesday, 12 Jun 2019 

June 12 (Reuters) - Dassault Systemes SE ::DASSAULT SYSTÈMES AND MEDIDATA SOLUTIONS TO JOIN FORCES TO ACCELERATE THE LIFE SCIENCES INDUSTRY INNOVATION FOR PATIENT-CENTRIC EXPERIENCE THROUGH END-TO-END COLLABORATIVE PLATFORM.DASSAULT SYSTÈMES TO ACQUIRE MEDIDATA IN AN ALL-CASH TRANSACTION AT A PRICE OF $ 92.25 PER SHARE OF MEDIDATA.TRANSACTION WAS UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES.COMPLETION OF ACQUISITION IS EXPECTED DURING LAST QUARTER OF 2019.