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iGate Corp. (IGTE) is -21% to $19.61 as sources say the California-based software services...

iGate Corp. (IGTE) is -21% to $19.61 as sources say the California-based software services company wants to raise $700M to finance a joint bid for rival Patni Computer Systems (PTI), which is +0.1% to $20.58. The Patni family wants to sell its 46% stake, and iGate wants to expand its outsourcing capabilities.
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