Reuters: Technology News: SAP to buy Ariba for $4.5 billion

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SAP to buy Ariba for $4.5 billion May 22nd 2012, 19:06 Tue May 22, 2012 3:06pm EDT (Reuters) - SAP AG (SAPG.DE) said it would buy software and information technology services company Ariba Inc (ARBA.O) for about $4.5 billion in cash. The $45 per share offer represents a premium of nearly 20 percent to Ariba's close on Monday.

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