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ACS Takes Itself Off The Market
Shares of Affiliated Computer Services Inc. (NYSE: ACS) slid today after ACS said it was unable to come to terms on a sale of the company to a group of private-equity investors. The company said it would take itself off the market, prompting shares of ACS to drop 7 percent, closing down $4.32 at $56 a share.
ACS had been rumored to be in talks with an investor group including Blackstone, Texas Pacific Group, Bain Capital and Silver Lake Partners. The Dallas-based firm has 55,000 employees and reported revenue of $4.35 billion in the fiscal year that ended June 30.
RESOURCE LINKS:
Building A Cloud-Savvy Model for TCO and ROI
How Storage is Shaping The Cloud Data Center
Bringing Colo to the Customer: Modular Gets Local
Microsoft’s $1 Billion Data Center


January 17th, 2006