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NetManage (NETM) To Remain Independent Co As Rocket Software Fails To Secure Financing

March 3, 2008 8:26 AM EST
NetManage, Inc. (Nasdaq: NETM) announced that Rocket Software has informed NetManage that Rocket failed to secure the financing required to complete the proposed acquisition of NetManage within the contracted timeframe and, as a result, terminated the Agreement and Plan of Merger between the Company and Rocket.

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