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LITTLE ROCK, Ark. (AP) - Data broker Acxiom Corp. said Wednesday its board would review a $2 billion takeover offer by ValueAct Capital Partners LP, a day after Acxiom's top executive said he hadn't heard from the investment company since it made its first bid early last month.
The filing Wednesday with the Securities and Exchange Commission restates ValueAct's intention to offer $23 per share, which would value Acxiom at $2 billion.
Shares of Acxiom rose 44 cents, or 2.1 percent, to close at $21.13 Wednesday on the Nasdaq Stock Market.
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