PREMARKET ALERT: SPSS Inc (SPSS, IBM)

Posted in General 
July 28th, 2009

SPSS Inc (SPSS shares are up 41 percent to $49.59 in early premarket trading as of 8 a.m. Eastern of about 3,800 shares. Volume could spike after the company announced that IBM (NYSE: IBM) has agreed to buy the company for $1.2 billion, or $50 a share in cash. The deal is expected to close  later in the second half of 2009. — Mike Tarsala

Comments are closed

-->