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June 30, 2003
By: TOM BRANNA
Editor
Information Resources Inc. (IRI), Chicago, which sells data culled from grocery story checkout scanners, said late on Sunday it had agreed to be acquired for about $98.4 million cash to help it fight an antitrust suit against its rivals, according to a Reuters report.IRI said business software investor Symphony Technology, based in Palo Alto, CA, and Los Angeles-based investment firm Tennenbaum Capital would pay $3.30 a share, a 10.7% premium over Friday’s $2.98 closing price on the Nasdaq...
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