TEL AVIV (MarketWatch) -- Pitney Bowes Inc.'s Pitney Bowes MapInfo UK subsidiary agreed to acquire Portrait Software PLC for 31 pence ($0.45) a share, or 44.4 million pounds ($64.8 million). The deal price is a 70% premium to the average daily closing price of Portrait shares for the 12 months through Wednesday, the companies said in a Thursday statement. And it's 35% over the closing price of ...
Pitney Bowes MapInfo to buy UK's Portrait Software
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