Skip to main content

Market Overview

Mentor Graphics Comments On Ichan Offer (MENT)


Mentor Graphics Comments On Ichan Offer

Chip-design maker Mentor Graphics (NASDAQ: MENT) has said that it did not think this was time to put the company up for sale after a takeover proposal by investor Carl Icahn, According to Reuters reports.

Mentor Graphics Chief Executive Walden Rhines said the share price had grown by 70 percent over the last year for a two-year aggregate growth of approximately 200 percent.

According to Reuters, Mentor Graphics said that it determined that the Icahn $17 per share proposal undervalues the company.


Related Articles (MENT)

View Comments and Join the Discussion!

Posted-In: Carl Icahn Mentor Graphics Walden RhinesNews Trading Ideas Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at