IBM to Buy Software Firm SPSS for $1.2 Billion

(Reuters) — International Business Machines Corp. plans to buy Chicago-based technology services company SPSS Inc. for about $1.2 billion in cash, the companies said Tuesday. SPSS shareholders will receive $50 a share, a 42 percent premium to Monday's closing price of $35.09 on Nasdaq. SPSS ...

Copyright CRAIN - Crain's
Contact Us