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Quadramed to be acquired; shares jump

NEW YORK | Tue Dec 8, 2009 9:00am EST

NEW YORK (Reuters) - QuadraMed Corp QDHC.O shares surged 30.3 percent to $8.35 in premarket trade on Tuesday after the company agreed to be acquired by Francisco Partners for about $126 million.

(Reporting by Chuck Mikolajczak; Editing by Theodore d'Afflisio)

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