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tdp2664 E money daily General Dynamics (NYSE:GD) IT has decided to acquire Arlington based Vangent. General Dynamics (NYSE:GD) Making Company Acquisition As a part of its move to expand in the growing market for healthcare information technology, the US based defense contractor General Dynamics (NYSE:GD) is acquiring Vangent for about $960 million in cash. Jay L. Johnson, chairman and chief executive officer of General Dynamics (NYSE:GD) said, "Vangent is a well-regarded, fast-growing company that will add significant depth and breadth to General Dynamics (NYSE:GD)’ healthcare IT organization, creating a Tier 1-level healthcare IT business unit with the scope and scale to compete in markets that are receiving high priority in current funding and entitlement-reform initiatives." General Dynamics (NYSE:GD) company shares are currently standing at 58.23. Price History Last Price: 58.23 52 Week Low / High: 55.46 / 78.27 50 Day Moving Average: 69.54 6 Month Price Change %: -19.7% 12 Month Price Change %: -0.7%
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