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IBM to buy HR software firm Kenexa for $1.3 billion

    IBM
    267,04-0,54%
    (Reuters) - IBM Corp agreed to buy Kenexa Corp, which makes human resource management software, for about $1.3 billion.

    The $46 per share offer represents a 42.5 percent premium to Kenexa's close on Friday.

    (Reporting by Sayantani Ghosh in Bangalore; Editing by Rodney Joyce)

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