Computer Sciences Extends Tender Offer for Mynd to Dec. 29
Computer Sciences
(CSC)
said its $16-a-share cash tender offer for
Mynd
(YND)
will be extended until Dec. 29.
Scroll to Continue
TheStreet Recommends
Computer Sciences' $566 million offer for Mynd, a provider of software and services for insurance and financial services companies, needs approval from the
Federal Trade Commission
. About 72% of Mynd's shares outstanding have been tendered.
In
New York Stock Exchange
action, Computer Sciences closed up 94 cents, or 1.3%, to $73.94, and Mynd closed up 31 cents, or 2.7%, $11.75.
