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DTS To Buy SRS Labs For $9.50/Share In Cash And Stock

In a deal which unites to companies in the high-end audio technology market, DTS Inc. this morning said it has agreed to buy SRS Labs for $9.50 a share in cash and stock. The deal is worth $148 million. SRS shares closed Monday at $6.86, giving the deal a 38% premium. The purchase price will [...]
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