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Manugistics to be acquired by rival for $211 million

By The Examiner
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Manugistics Group Inc., a provider of inventory and profit management software programs, announced Tuesday that it would be acquired for $211 million in cash by Scottsdale, Ariz.-based competitor Scientific Time Sharing Corp.

Following the merger, the company will be headquartered in Scottsdale, though officials say they plan to continue operations in Rockville.

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