Posted by: youngragingbull | May 17, 2013

Accenture to acquire Acquity for $316M

Accenture PLC said late Friday it has agreed to buy Acquity Group Ltd. for $13 per ADS, or $6.50 per common share in a deal worth $316 million.

The deal, pending shareholder approval, aims to expand Accenture’s range of digital marketing services.

Acquity shares surged 111% to $12.59 in after-hours trade.

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