MSC.Software shareholders OK acquisition by Maximus Holdings

By Jennifer Chiou

New York, Oct. 9 - MSC.Software Corp. announced that its stockholders approved the company's agreement and plan of merger at a special meeting on Friday.

Under the plan, Maximus Holdings Inc. and Maximus Inc. will acquire the Santa Ana, Calif., simulation software company for $8.40 in cash for each share of MSC's common stock, excluding interest.

The transaction is expected to be completed on Tuesday.

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