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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%Dec 9 3:59 PM EST

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To: Oeconomicus who wrote (144534)8/1/2002 5:33:02 PM
From: H James Morris  Read Replies (2) of 164684
 
Yes, but did you know this?
Btw
Today, FCN was on sale for $40.00ps.
>>ANNAPOLIS, Md., July 24 (Reuters) - FTI Consulting Inc. (NYSE:FCN - News), which provides bankruptcy-related consulting, on Wednesday said it would acquire a PricewaterhouseCoopers unit for about $230 million in cash and stock.
Under the terms of the deal, FTI would pay $140 million in cash and 3 million shares of stock to PricewaterhouseCoopers to purchase its Business Recovery Services Division, which provides restructuring and turnaround advice to U.S. corporations.

FTI shares closed at $29.92 in Wednesday trading on the New York Stock Exchange.


FTI said the unit has 350 employees, with $150 million in revenue and $45 million in earnings before interest, taxes depreciation and amortization for the 12 months ended June 30.

It said it expected the deal to close late in the third quarter and to add to its profit immediately.

biz.yahoo.com
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