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Fly News Breaks for April 7, 2015
INFA
Apr 7, 2015 | 10:39 EDT
Stifel downgraded Informatica to Hold after the company agreed to be acquired by Permira Funds and CPPIB for $48.75 per share, or about $5.3B. The firm said it believes a higher bid for Informatica is possible, but likely would not be higher by much if one is made.
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