Siris Capital group to buy TNS in $862 mln deal

Tue Dec 11, 2012 8:15am EST

Dec 11 (Reuters) - Data communications company TNS Inc agreed to be bought by an investor group led by Siris Capital Group in a deal valued at about $862 million.

Siris will pay $21 per share in cash, representing a premium of about 44 percent over TNS's closing price on Monday, TNS said.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.