Pair of investment firms to acquire Acxiom

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Little Rock, Ark.—After entertaining other suitors, Acxiom Corp. announced Thursday that it has entered into a definitive agreement to be acquired by investment firms Silver Lake and ValueAct Capital in a cash deal valued at $3 billion, including the assumption of about $756 million of debt.

The transaction is expected to close within the next four months.

Under the terms of the merger agreement, Acxiom may continue to solicit and entertain proposals from other companies during the next 60 days.

—Carol Krol

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