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PTC Surges on $22.6B Cash Buyout From Schneider Electric

October 6, 2026 by Bruno
AI-generated editorial image: Modern industrial software engineering workstation with subtle ambient lighting

PTC rallied after Schneider Electric agreed to acquire the industrial software company for $205 per share in cash, valuing its equity at $22.6 billion.

Categories Stock Market, Stocks Tags merger arbitrage, ptc stock, schneider electric, stock market, tech m&a

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