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PTC Inc. (PTC): Schneider Electric agrees to buy PTC for $205 a share in cash

Schneider Electric agreed to acquire PTC for $205 per share in cash, about $22.6B and a 42.3% premium to the prior close. It is Schneider's largest deal ever, adding CAD/PLM software (Creo, ThingWorx, Onshape) to its automation stack. $PTC

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