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US approves XenSource acquisition

Antitrust officials have completed their review of the deal without taking action to block it, the FTC said in a notice. When the companies first announced the deal in August, they estimated its value at about $500 million, including the assumption of stock options. Citrix, an infrastructure software maker, said the cash and stock deal would result in a non-cash charge of about $8 million to $10 million in the quarter it closes.


Reuter reporting.

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