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I.B.M. to Buy France s Ilog for $340 Million

Posted on July 29, 2008

I.B.M. said on Monday that it has agreed to buy Ilog, a French software maker, for 215 million euros ($340 million), as the technology giant seeks to strike deals for intellectual companies that it can give scale.The offer price represents a premium of about 56 percent compared with Ilog s one-month average closing share price prior [...]...

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