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Blackstone-led buyout group makes lower bid for Pactera
September 13, 2013 / 12:30 PM / in 4 years

Blackstone-led buyout group makes lower bid for Pactera

Sept 13 (Reuters) - China’s largest technology outsourcing company, Pactera Technology International Ltd, said it received a lower offer to be taken private by Blackstone Group LP and the company’s management.

The offer of $7 per American depository share (ADS), worth about $600 million, has been reduced from $7.50 proposed in May.

Pactera said it was evaluating the offer.

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