PTC (PTC) Stock Surges on Schneider Electric Acquisition Offer
Shares of PTC jumped 36% in pre-market trading after Schneider Electric agreed to acquire the company in an all-cash transaction valued at $205 per share.
Shares of product design software company PTC NASDAQ:PTC jumped 36% in pre-market trading after Schneider Electric agreed to buy the company in an all-cash transaction valued at $205 per share, according to a company press report. The report said the transaction reflects…