Autodesk, Moldflow merger set to close Wednesday

By Lisa Kerner

Charlotte, N.C., June 20 - Autodesk, Inc. completed its $22-per-share tender offer for Moldflow Corp. on Thursday.

According to Autodesk, to date it has purchased 11,622,163, or 95%, of Moldflow's shares outstanding.

Autodesk expects to complete its acquisition of Moldflow on Wednesday, an Autodesk news release said.

All remaining outstanding shares of Moldflow will be canceled and automatically converted into the right to receive $22 per share, without interest, less any required withholding taxes.

Moldflow, a Framingham, Mass., computer software company, will become a wholly owned subsidiary of Autodesk.

Autodesk is a design software and service company located in San Rafael, Calif.

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