TNS Inc. (TNS) announced Tuesday morning that it has entered into a definitive merger agreement to be acquired by an investor group led by Siris Capital Group, in a transaction valued at approximately $862 million. The transaction is expected to close in the first quarter of 2013.
TNS gapped open dramatically higher Tuesday, but traded in a narrow range throughout the session. The stock closed up by 6.20 at $20.76 on the highest volume of the year. TNS leaped to over a 7-month high and re-crossed its 200-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.