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Fly News Breaks for February 9, 2016
BLOX
Feb 9, 2016 | 08:20 EDT
After Infoblox announced that it had acquired privately held IID for $45M, Sterne Agee CRT says that investors are likely to have a positive bias on the deal, since it expands Infoblox's subscription services and enhances its DNS platform, while the valuation of the deal is "fair." The firm keeps a $27 price target and Buy rating on the shares.
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