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Short Take: Intelligroup floats offering

Intelligroup announced a secondary offering of 1,000,000 shares of common stock. The company is floating out the issue at $9.50 a share to raise $9.5 million in capital for general corporate purposes.

Intelligroup announced a secondary offering of 1,000,000 shares of common stock. The company is floating out the issue at $9.50 a share to raise $9.5 million in capital for general corporate purposes.
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