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To: Dealer who wrote (465)	9/11/2000 6:20:09 PM
From: Dealer	Read Replies (1) of 65232

SEBL--Siebel Systems to acquire Janna in stock swap SAN MATEO, Calif., Sept 11 (Reuters) - Siebel Systems Inc. (NasdaqNM:SEBL - news) on Monday said it has agreed to acquire Canada's Janna Systems Inc. (Toronto:JAN.TO - news) in a stock swap valued at about $975 million, boosting Siebel's software products for investment firms, retail banking and other financial firms. Under the deal, each outstanding Janna share would be exchanged for 0.497 shares of Siebel, or the equivalent shares in a Canadian subsidiary formed for the company's acquisition. The deal would result in Siebel issuing up to about 11 million additional shares, Siebel said in a statement.

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