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Short Take: IBM waiting period for Edmark expires

IBM said that the Hart-Scott-Rodino waiting period relating to IBM's proposed acquisition of Edmark has expired, according to a Reuters report. IBM's tender offer for Edmark currently is scheduled to expire on December 16, the company said. In November, IBM and Edmark said they agreed for IBM to acquire the education software maker for about $80 million in cash, or $15.50 a share.

Paul Festa
Paul Festa Staff Writer, CNET News.com
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said that the Hart-Scott-Rodino waiting period relating to IBM's proposed acquisition of
Edmark has expired, according to a Reuters report. IBM's tender offer for Edmark currently is scheduled to expire on December 16, the company said. In November, IBM and Edmark said they agreed for IBM to acquire the education software maker for about $80 million in cash, or $15.50 a share.