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Acxiom Corp. (ACXM) Has Risen To A New High After Sale Of Division

Acxiom Corp. (ACXM) announced after the close Monday that it agreed to sell its Acxiom Marketing Solutions business to Interpublic Group (IPG) for $2.3 billion in cash.

Acxiom gapped open sharply higher Tuesday morning and is now up 3.25 at $37.46. The stock has climbed to its second consecutive new high for the year.

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