Mentor Graphics Working with Bank of America to Explore Sale — Fortune

Mentor Graphics Corp, a company that makes software for designing semiconductors, is working with Bank of America Corp to explore strategic alternatives, including a potential sale, according to people familiar with the matter. Mentor has been under pressure since activist hedge fund Elliott Management Corp reported an 8.1% stake in the company last month and…

via Mentor Graphics Working with Bank of America to Explore Sale — Fortune

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