Corporate Executive Board (EXBD) announced after the bell Monday that it signed a definitive agreement to acquire SHL, from funds managed by HgCapital and Veronis Suhler Stevenson, for $660 million in cash.
Corporate Executive Board gapped open higher this morning and has spiked to the upside in early trade. Shares are now up 4.63 at $46.27. The stock has surged past resistance and has set a new high for the year.
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by RTT Staff Writer
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