PTC Stock Jumps After Report Says Schneider Electric Nears $20 Bln Deal
(RTTNews) - France-based Schneider Electric (SBGSF.PK, SU.PA, SND.DE) is close to acquiring U.S. industrial software maker PTC Inc. (PTC) in a deal valued at about $20 billion, according to a report by the Financial Times, citing people familiar with the matter.