Msc.Software (NYSE:MNS)
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From Jul 2019 to Jul 2024
MSC.Software Forms Independent Committee of the Board to Consider
Letter From ValueAct Capital
SANTA ANA, Calif., Oct. 6 /PRNewswire-FirstCall/ -- MSC.Software Corp.
(NYSE:MNS) today announced that its Board of Directors has formed a committee
of the Board consisting solely of the independent directors, to consider the
unsolicited letter from ValueAct Capital Partners, L.P. The company is
retaining a financial advisor to assist the committee with respect to the
unsolicited letter.
About MSC.Software Corporation
MSC.Software (NYSE:MNS) is the leading global provider of simulation software
and services, that helps companies make money, save time and reduce costs
associated with designing and testing manufactured products. MSC.Software works
with thousands of companies in hundreds of industries to develop better
products faster by utilizing information technology, software, services and
systems. MSC.Software employs more than 1300 people in 23 countries. For
additional information about MSC.Software's products and services, please visit
http://www.mscsoftware.com/.
DATASOURCE: MSC.Software Corporation
CONTACT: Press, Todd Evans, Media Relations, +1-714-445-3066,
, or Investors, Joanne Keates, Vice President,
Investor Relations, +1-714-444-8551, , both of
MSC.Software
Web site: http://www.mscsoftware.com/