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UPDATE: Rackspace (RAX) Active on Chatter

September 15, 2014 3:44 PM EDT

(Updated - September 15, 2014 3:49 PM EDT)

Rackspace (NYSE: RAX) was active Monday, gaining over 3%. The move appears tied to reports in Betaville that claim CenturyLink Inc (NYSE: CTL) has lined up financing and will pay $55 per share for the company. Hewlett-Packard (NYSE: HPQ) was also mentioned in the report (link).



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