PTC: $22.6 Billion Schneider Electric Acquisition Is the Best Deal Shareholders Can Possibly Get
PTC announced on Oct. 5 that the company has entered into a definitive agreement to be acquired by Schneider Electric in an all-cash deal for $22.6 billion, or $205 per share. The transaction is expected to close in the third quarter of 2027. PTC shares surged 33% following the news.