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---- Adobe to buy Macromedia for $3.4 bil.

bill - 9:05 am on Apr 18, 2005 (gmt 0)


From the Adobe site [adobe.com]:
Adobe Systems Incorporated (Nasdaq: ADBE) today announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion.

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