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CKS buys Capital Consulting

Published on .

CKS Group, Cupertino, Calif., will acquire Capital Consulting & Research, New Canaan, Conn., an information technology and business strategy consulting company for stock worth an estimated $9.8 million and unspecified payments based on future performance. CCR, whose clients include IBM Corp., Microsoft Corp. and Morgan Stanley Group, will become a wholly-owned subsidiary of CKS and continue operating under its name. The transaction is scheduled to close in October.

Copyright September 1997, Crain Communications Inc.

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