Intraware (ITRA) Agrees To Be Acquired By Acresso Software for $4/Share

October 20, 2008 8:34 AM EDT

Intraware, Inc. (NASDAQ: ITRA) entered into a definitive agreement under which Intraware will be acquired in a transaction valued at approximately $27 million, or $4.00 per share of common stock.

The offers represents a premium of approximately 29% over the closing price of Intraware's common stock on October 17, 2008.


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