Autodesk (ADSK) To Acquire Moldflow (MFLO) for $22/Share
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Autodesk, Inc. (Nasdaq: ADSK) signed a definitive agreement to acquire Moldflow Corporation (Nasdaq: MFLO) for $22 per share, or approximately $297 million, less the amount in Moldflow's cash balance at the time of closing and proceeds from options exercises.
This transaction is expected to decrease Autodesk's GAAP diluted earnings per share by approximately $0.10 in fiscal 2009. On a combined basis, the company expects GAAP diluted earnings per share of between $1.70 and $1.80.
Autodesk expects no impact to non-GAAP diluted earnings per share for fiscal 2009.
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