The 2020 Mid-Year Economic Update_long

Day: January 5, 2006

Infor Agrees to Buy Datastream Systems

$600 million software provider Infor, Atlanta, GA, has agreed to acquire Datastream Systems Inc., Greenville, S.C., ($94 million in 2004 revenues) for $10.26 per share in cash. The transaction is expected to be complete in the second quarter of 2006.The acquisition will be financed through Infor’s current cash balance, debt financing and equity capital to …

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