Canada's CGI Group (GIB) says it will acquire Stanley (SXE) for $37.50/share in cash. The deal,...

|About: CGI Group Inc. (GIB)|By:, SA News Editor

Canada's CGI Group (GIB) says it will acquire Stanley (SXE) for $37.50/share in cash. The deal, valued at $1.07B, is expected to close this fall. Stanley will not solicit competing offers. GIB shares +0.5%, SXE +28.1% premarket.