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SBC to buy Sterling Commerce for $3.9 billion

Published on .

San Antonio--SBC Communications has agreed to buy Sterling Commerce, a Columbus, Ohio-based business-to-business software maker, in a $3.9 billion stock transaction. The deal will give SBC Communications an instant foothold in the b-to-b e-commerce marketplace. SBC Communications will offer $44.25 cash per share of Sterling Commerce.
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