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Technology Stocks : Avant (AVNT)
AVNT 31.60-0.9%2:54 PM EDT

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To: BD Wordell who started this subject12/3/2001 5:36:02 PM
From: Cautious_Optimist  Read Replies (3) of 3441
 
AVNT to be acquired by SNPS

From Briefing.com, as curtain falls:

16:21 ET Avant! (AVNT) 10.95 +0.64: -- Update -- Company enters agreement to be acquired by Synopsys (SNPS 55.39). Deal calls for AVNT holders to exchange each of their shares for 0.371 of a SNPS share, valuing AVNT at approx. $20.55 (based on SNPS' closing price).
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