Ansys, Inc. (Nasdaq - ANSS)

Ansys, Inc. (Nasdaq – ANSS)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Ansys, Inc. (Nasdaq – ANSS)

BALA CYNWYD – January 16, 2024 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Ansys, Inc. (“Ansys” or the “Company”) (Nasdaq – ANSS) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Synopsys (Nasdaq – SNPS). Under the terms of the agreement, Ansys shareholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share, representing an enterprise value of approximately $35 billion based on the closing price of Synopsys common stock on December 21, 2023. Ansys shareholders are expected to own approximately 16.5% of the combined company on a pro forma basis.

The investigation concerns whether the Ansys Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Synopsys is paying fair value to shareholders of the Company.

If you own shares of Ansys stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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