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Web.com Group Inc. (WEB) Jumped After Taken Private

Web.com Group Inc. (WEB) announced Thursday morning that it has agreed to be acquired by an affiliate of Siris Capital Group LLC for approximately $2 billion in cash.

Web.com Group gapped up sharply Thursday and rose gradually during the trading session. Shares finished up by 2.65 at $25.85 on the highest volume of the year. The stock jumped to an 11-month high.

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