internetnews.com: Gartner to Buy META Group

“In a merger that will add more deep technology experience to
its ranks, information technology research firm Gartner is buying
tech research firm META Group for $162 million in cash.

“The Stamford, Conn.-based companies made the announcement
Monday. Gartner said it would use cash on hand to pay the $10 per
share purchase price, plus borrowings from an existing line of
credit. The deal should close in the second quarter of 2005,
provided regulators and META stockholders approve it…”

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