Scroll: Scroll DAO's governance restructuring has not been closed
Foresight News reported that Scroll stated in a post that some recent announcements over the past few months have led some people to mistakenly believe that Scroll DAO is shutting down. The misunderstanding was caused by the announcement of a governance restructuring, but it does not mean the DAO is closing. DAO governance will continue and will be improved based on lessons learned. Recently, Scroll DAO passed another proposal (regarding the Galileo upgrade) and successfully implemented a community funding support program, receiving 488 applications from over 40 countries, with approximately $82,500 in total funding, and a total of 2,162 people worldwide participated in related activities.
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BUZZ - PTC shares soar after Schneider Electric agrees to acquire PTC for $22.6 billion
On October 5th, shares of software company PTC (PTC.O) surged by 34.6% in pre-market trading to $193.8 after France's Schneider Electric (SCHN.PA) agreed to acquire PTC in an all-cash deal valuing PTC's equity at approximately $22.6 billion. The offer price of $205 per share represents an enterprise value of $23.7 billion, a 42.3% premium over PTC’s previous closing price. According to data from London Stock Exchange Group (LSEG), this is the largest acquisition in Schneider Electric’s history. Following the agreement to acquire private AI software and industrial data provider Cognite Holding in June this year, this deal marks another significant step in SCHN’s expansion into the software sector. As of the previous day’s close, PTC shares were down 17.3% year-to-date, while SCHN’s shares had risen 17.4% for the year.
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