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Acxiom Corp. (ACXM) Jumped To A New High On Reports Of Potential Deal

Reuters reported Monday that Acxiom Corp. (ACXM) is nearing a deal to sell its marketing solutions division to Interpublic Group (IPG) for around $2.2 billion.

Acxiom gapped open higher Monday and climbed for the majority of the session. The stock closed up by 4.26 at $34.21. Acxiom surged past resistance and set a new high for the year.

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