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FeedsFarm.com > L-1 Identity to buy Canadian company for $12M

L-1 Identity to buy Canadian company for $12M

16th Nov 2006, 09:04 GMT

Executives of Stamford, Conn.'s L-1 Identity Solutions Inc. and Canada's ComnetiX Inc. say the two companies have reached an agreement for L-1 to acquire all of the outstanding shares of ComnetiX for $12.5 million.

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