IT research firm Gartner to buy CEB for $2.6 billion

Industry:    2017-01-07

IT research and advisory company Gartner Inc said on Thursday it would buy CEB Inc, a provider of business research and analysis, in a cash-and-stock deal valued at $2.6 billion to expand its business globally.

Gartner is offering $54 in cash and 0.2284 of its shares for each CEB share. The deal represents a premium of about 25% to CEB’s Wednesday close.

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