France's Dassault to acquire Medidata for $5.8 billion

ABC News | 6/12/2019 | Staff
camkizzle (Posted by) Level 3
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French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash.

Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, slightly less than its $94.75 closing price on Tuesday. Medidata shares dipped about 4% in premarket trading.

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New York-based Medidata provides cloud-based services and software to help...
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