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DG FastChannel To Acquire MediaMind
By:
MarketMinute.com Stock News
Posted on June 16, 2011 at 17:32 PM EDT
DG FastChannel Inc. (
Nasdaq: DGIT
) will pay approximately $418 million in cash to acquire MediaMind Technologies Inc. (
Nasdaq: MDMD
). Shares of DG FastChannel slipped 39 cents to close at $28.50 while MediaMind stock leaped $5.97 to close at $21.91.
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