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06/18/10 8:12 AM

#324458 RE: HoosierHoagie #324457

Broadcom to buy Innovision for $47.5 million

Innovision shares surged 76.3% to 34 pence in London on Friday after it agreed a 35 pence-per-share bid from Broadcom Corp. . The bid values the firm at around 32 million pounds ($47.4 million). Broadcom believes that the acquisition will provide... Full Story
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