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Register.com Shareholders Accept Deal.
2005-10-31, HostMan.biz Domain name registration provider Register.com (register.com) announced on Friday its shareholders have agreed to a buyout by private equity firm Vector Capital Corp. (vectorcorporation.com). Under the terms of the agreement, Register.com shareholders will receive $7.81 per share. Register.com expects the merger to close in early November. After the merger goes through, the New York-based Register.com will be a privately held company. Shares of the company climbed 3three cents to $7.79 on Friday afternoon's Nasdaq trading. For the past 52 weeks, the stock price has varied from $5.01 to $8.10. |
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