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Stock Market & Financial Investment News

News Breaks
November 4, 2011
12:05 EDTGLAThe Gores Group acquires The Clark Group
The Gores Group, a Los Angeles-based private equity firm, announced that it has completed the acquisition of The Clark Group, a unit of Clark Holdings. Under the terms of the transaction Clark Holdings was merged with a holding company formed by The Gores Group. Clark Holdings shareholders will receive 46c per share in cash as a result of the merger. Clark Holdings will thereafter become a private company.
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