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Dell Buying Perot Systems for $3.9 billion

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MERGER MONDAY
Dell Inc. said Monday it is buying IT group Perot Systems Corp. in a $3.9 billion all-cash deal that will significantly increase its services business. MarketWatch says the deal will help Dell to provide a broader range of IT services and also allow it to provide computer systems to even more Perot customers. Perot Systems shares surged 66% to $29.75 in pre-market trade. Dell shares traded 5% lower.
SOURCE:   MarketWatch

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