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Pomeroy IT Solutions (PMRY) Agrees to Be Acquired by Platinum Equity

September 28, 2009 8:33 AM EDT
Late Friday, Pomeroy IT Solutions, Inc. (Nasdaq: PMRY) entered into a definitive merger agreement to be acquired by affiliates of private equity firm Platinum Equity, LLC.

Under the terms of the merger agreement, Platinum Equity, through its affiliates, will acquire all of the outstanding common stock of the Company for $6.50 per share.

Pomeroy IT Solutions closed at $5.84 on Friday.

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