Archive for August 24th, 2010

PwC Will Buy Diamond Management & Tech, DPTI Skyrockets

PricewaterhouseCoopers has finalized plans to purchase technology consultant Diamond Management & Tech in a $378 million deal. As of 8:44AM EDT, shares of DPTI were up 31.03% to 12.50, well above its 52-week range of $5.58-$11.56. The stock has traded 224,914 shares in volume. The stock trades with an average volume of 2.5 million shares. [...]

Diamond Management To Be Bought By PwC

Diamond Management & Technology Consultants Inc. (NASDAQ: DTPI) skyrocketed this morning in pre-market trading on news that PricewaterhouseCoopers LLP would buy the company for $378 million, or $12.50 a share.  At 8:35 AM EST shares had jumped 30.82%, from $9.54 to $12.48, and has already traded 3,076,220 shares.  This is a much greater amount than [...]