02
Jun
By: Barbara T. Sicalides, Julian Weiss, Daniel N. Anziska, and Joseph A. Farside Jr., Troutman Pepper Locke
The Federal Trade Commission (FTC) has agreed to accept the new administration’s first settlement of a merger-enforcement challenge. The settlement includes the divestiture of three businesses and will allow Synopsys, Inc. to complete its $34 billion acquisition of Ansys, Inc.
Although the remedy is consistent with the previously announced remedies accepted by the UK’s Competition and Markets Authority and the European Commission (EC), the...