Friday, May 26, 2006

WSJ.com - Symphony to Buy Hummingbird

WSJ.com - Symphony to Buy Hummingbird: "Canadian software developer Hummingbird Ltd. agreed to be bought by Symphony Technology Group, a Silicon Valley investment company, for $465 million in cash.
The Toronto-based company, which specializes in content-management and computer-connectivity tools, said Friday it had entered a 'definitive agreement' to be acquired by Symphony, Palo Alto, Calif., for $26.75 a share, above Hummingbird's Thursday closing price of $23.77. The deal is expected to close in July."
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