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Flomerics Group

  • BY: Andrew Hore |
  • POSTED: 02/07/2008 |

Mentor Graphics has won the day with a revised bid for Flomerics.

Its 122p a share bid is recommended by Flomerics. The bid values the software company at £30.1m. The original bid was 104p a share. US software company Mentor now owns 31.3% of Flomerics.

The shares are trading at 120.5p, up 2p on the day.

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