Dassault Systèmes (DSY.PA) said it has extended the tender offer by its subsidiary, 3DS Acquisition Corp., to purchase all outstanding shares of Accelrys, Inc. (NASDAQ: ACCL) common stock at an offer price of USD12.50 per share in cash.
The new expiration date of the tender offer is Tuesday, April 8, 2014. Except for the extension of the tender offer, all other terms and conditions of the tender offer remain unchanged.
The company said it is extending the tender offer because the condition relating to receipt of written confirmation that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of the acquisition of Accelrys by Dassault Systèmes and determined that there are no unresolved national security concerns was not satisfied by the previously scheduled expiration date of the tender offer.
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