Symyx says another proxy firm recommends Accelrys buyout deal

Symyx says proxy firm recommends Accelrys deal

SANTA CLARA, Calif. — Lab research and technology company Symyx Technologies Inc. said Friday proxy advisory firm Proxy Governance Inc. has joined RiskMetrics Group, another advisory firm, in recommending that its shareholders approve a proposed buyout by Accelrys Inc.

On Thursday, Symyx rejected a modified buyout offer from Certara Corp., and reiterated its recommendation that shareholders approve a proposed takeover by Accelrys, which makes software for managing scientific data.

Symyx shareholders are set to vote on the transaction on June 30.

If approved, Symyx shareholders would receive 0.7802 of a share of Accelrys common stock for each share of Symyx they own.

Shares of Symyx rose 1 cent to $5.58 on Friday.