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AFTER THE CLOSE.(TO THE POINT)

Investor's Business Daily

| December 04, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYNOPSYS, a chip design software firm, will pay $769 mil for Avant. It'll pay $20.54 a share based on Monday's close, an 88% premium. Synopsys dived and Avant surged after hours.

R.J. REYNOLDS raised by $20 mil to $354 mil its cash offer for privately held Santa Fe Natural Tobacco. That trumped Canada's Rothmans in the latest round of the Santa Fe bidding war.

VIVENDI, the French-American media group, backed '01 sales and EBITDA ...

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