Before The Bell
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

CGI Group Inc. (GIB) Leaped To A 10-Month High After Acquisition

RELATED NEWS
Trade GIB now with 
6/1/2012 6:50 AM ET

CGI Group Inc. (GIB: Quote) announced Thursday morning that it made an offer to acquire Logica for 105 pence (C$1.68) per ordinary share, equivalent to a total purchase price of GBP 1.7 billion (C$2.8 billion).

CGI Group gapped open sharply higher Thursday, but traded in a narrow range throughout the session. The stock closed up by 2.79 at $23.21 on the highest volume of the year and jumped to a 10-month high.

Click here to receive FREE breaking news email alerts for CGI Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News