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June 14: Software AG to acquire IDS Scheer

From Reuters:

FRANKFURT, July 13 (Reuters) – Germany’s Software AG (SOWG.DE) said it will bid 15 euros in cash per share for IT consultancy group IDS Scheer (IDRG.DE) and has agreed to buy out the two biggest shareholders that control nearly half the company.

“The combination of the two successful business models is expected to be accretive to Software AG’s operating earnings per share already in the first full fiscal year of consolidation (2010),” Software AG said in a release late on Monday…

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