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Archive Home > 2008 > August > 16 > Cadence withdraws Mentor Graphics bid

Cadence withdraws Mentor Graphics bid


August 16, 2008

SAN JOSE, Calif. — Cadence Design Systems withdrew its $1.5 billion offer to buy Mentor Graphics, an Oregon-based rival in the field of software for making computer chips, blaming Mentor’s unwillingness to negotiate a deal. There was no immediate statement from Mentor....

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