Consolidation In IT Services Land: NTT DATA Buys Intelligroup For $200 Million
Japanese IT services juggernaut NTT DATA is acquiring US-based Intelligroup for approximately $199 million in cash, followed by a second-step merger to acquire all remaining shares at the same price paid in the tender offer. NTT DATA, through subsidiary Mobius Subsidiary Corporation, will make an offer to purchase all outstanding shares of Intelligroup common stock […]
Posted on June 14th, 2010 by admin
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