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Mergers & Acquisitions

Nov. 9, 2005

Deals

LOS ANGELES - Autonomy Corp., whose software helps businesses keep track of data, agreed to buy competitor Verity Inc. for $500 million in cash to add programs for searching databases.

        
        
        Autonomy Corp., whose software helps businesses keep track of data, agreed to buy competitor Verity Inc. for $500 million in cash to add programs for searching databases.
        Shares of Autonomy surged to a three-year high after the Nov. 4 deal was announced.

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