August 27, 2012 / 1:10 PM / 5 years ago

IBM to buy HR software firm Kenexa for $1.3 bln

Aug 27 (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.

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