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Short Take: Cadence files for public offering

Cadence Design Systems announced that it filed with the Securities and Exchange Commission on November 8 in connection with the proposed public offering of 5 million shares of its common stock. The company granted underwriters an option to purchase an additional 750,000 shares.

Cadence Design Systems announced that it filed with the Securities and Exchange Commission on November 8 in connection with the proposed public offering of 5 million shares of its common stock. The company granted underwriters an option to purchase an additional 750,000 shares.