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IKOS Board Recommends Stockholders Reject Mentor Graphics' Contingent Tender Offer
December 28, 2001 |Estimated reading time: Less than a minute
San Jose, Calif. -- IKOS Systems Inc.'s Board of Directors unanimously recommended that IKOS stockholders reject the pending unsolicited cash tender offer commenced by Wilsonville, Ore.-based Mentor Graphics Corp. on December 7 to purchase all shares of IKOS common stock at $11 per share, and not tender their shares in the Mentor tender offer.