Tuesday, February 22, 2011

Carl Icahn bids Mentor Graphics for $1.9 billion

On February 11, 2011, Carl Icahn mentioned Mentor Graphics should be sold or acquired since he is not happy with Mentor executives. Mentor is a leader in the electronic design automation (EDA) business. Essentially, this means developing software tools to help build circuit boards and other advanced hardware. Today Carl Icahn proposed a bid for $1.9 billion although he did not want to be the sole owner of Mentor but try to put bids higher. See more detail in


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