Convergys (CVG) To Acquire Intervoice (INTV) for $8.25/Share
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Convergys Corporation (NYSE: CVG) and Intervoice, Inc. (NASDAQ: INTV) approved a definitive merger agreement under which Convergys will acquire Intervoice for $335 million in cash or $8.25 per share.
Convergys closed at $6.67 yesterday, a premium of 24%.
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