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Dassault Systèmes Extends Tender Offer for Accelrys
|By Business Wire
|March 14, 2014 02:00 AM EDT
Systèmes (Paris:DSY)(Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE
Company, world leader in 3D design software, 3D Digital Mock Up and
Product Lifecycle Management (PLM) solutions announces the extension of
the expiration date of the tender offer by its wholly owned indirect
subsidiary, 3DS Acquisition Corp., to purchase all of the outstanding
shares of Accelrys, Inc. (NASDAQ: ACCL) (Accelrys) common stock at an
offer price of $12.50 per share in cash, without interest and subject to
any required withholding of taxes. Dassault Systèmes and Accelrys have
agreed that the expiration date will be extended until 12:00 midnight,
New York City time, at the end of the day on Tuesday, March 25, 2014,
unless otherwise extended or terminated. Except for the extension of the
tender offer, all other terms and conditions of the tender offer remain
The extension allows for the conclusion of the initial 30-day review
period by the Committee on Foreign Investment in the United States
(CFIUS) under the Exon-Florio Amendment to the United States Defense
Production Act of 1950, as amended. The initial CFIUS review period is
scheduled to end no later than Monday, March 24, 2014, by which date
CFIUS is required to have determined whether to conclude its review or
undertake an additional 45-calendar day investigation.
Computershare Trust Company, N.A., the depositary for the tender offer,
has advised that as of midnight on March 13, 2014, approximately
40,845,725 shares of Accelrys common stock (excluding 847,858 shares of
Accelrys common stock subject to notices of guaranteed delivery) had
been validly tendered and not validly withdrawn pursuant to the tender
offer, representing approximately 73.2 percent of the outstanding shares
of Accelrys common stock.
This release does not constitute, nor does it form part of, any offer or
invitation to buy, sell, exchange or otherwise dispose of, or any
issuance, or any solicitation of any offer to sell or issue, exchange or
otherwise dispose of any securities. On February 13, 2014, Dassault
Systèmes filed with the U.S. Securities and Exchange Commission (SEC) a
tender offer statement on Schedule TO regarding the tender offer
described in this press release. The stockholders of Accelrys are
strongly advised to read the tender offer statement (as updated and
amended) filed by Dassault Systèmes because it contains important
information that Accelrys' stockholders should consider before tendering
their shares. The tender offer statement and other documents filed by
Dassault Systèmes and Accelrys with the SEC are available for free at
the SEC’s website (http://www.sec.gov)
and may be obtained at no charge by directing a request by mail to
Innisfree M&A Incorporated, 501 Madison Avenue, 20th Floor, New York,
New York, 10022 or by calling +1(888) 750-5834.
This release contains forward-looking statements. These forward looking
statements involve known and unknown risks, uncertainties and other
factors, many of which are outside of the control of Dassault Systèmes,
are difficult to predict and may cause actual outcome to differ
significantly from any future outcome expressed or implied in the
forward-looking statements in this release. While Dassault Systèmes
believes that the assumptions made and the expectations reflected in
this release are reasonable, no assurance can be given that such
assumptions or expectations will prove to have been correct and no
guarantee of whatsoever nature is assumed in this respect. The
uncertainties include, inter alia, the risk of a change in general
economic conditions and government and regulatory actions. These known,
unknown and uncertain factors are not exhaustive, and other factors,
whether known, unknown or unpredictable, could cause the group’s actual
results or ratings to differ materially from those assumed hereinafter.
Dassault Systèmes undertakes no obligation to update or revise the
forward-looking statements in this release whether as a result of new
information, future events or otherwise.
For all questions relating to the tender offer, please call Innisfree
M&A Incorporated at +1 (888) 750-5834.
About Dassault Systèmes
Dassault Systèmes, the 3DEXPERIENCE Company, provides
business and people with virtual universes to imagine sustainable
innovations. Its world-leading solutions transform the way products are
designed, produced, and supported. Dassault Systèmes’ collaborative
solutions foster social innovation, expanding possibilities for the
virtual world to improve the real world. The group brings value to over
190,000 customers of all sizes, in all industries, in more than 140
CATIA, SOLIDWORKS, SIMULIA, DELMIA, ENOVIA, GEOVIA, EXALEAD, NETVIBES,
3DSWYM and 3D VIA are registered trademarks of Dassault Systèmes or its
subsidiaries in the US and/or other countries.
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