UPDATE: Pactera Reports Deal to Be Purchased by Blackstone for $7.30/ADS
October 17, 2013 at 07:45 AM EDT
Pactera Technology International Ltd. (Nasdaq: PACT ) ("Pactera" or the "Company"), a global consulting and technology services provider headquartered in China, announced today the signing of a definitive merger agreement ("Merger Agreement") under which the Company will be acquired by a consortium led by funds managed or advised by Blackstone (as defined below). Under the