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Magic Software Enterprises (NASDAQ:MGIC +2.8%) moves higher after acquiring BluePhoenix...

Oct. 31, 2011 3:55 PM ETMagic Software Enterprises Ltd. (MGIC) StockMGIC, MDSYBy: David Yelle, SA News Editor

Magic Software Enterprises (NASDAQ:MGIC +2.8%) moves higher after acquiring BluePhoenix Solutions' (BPHX +5%) AppBuilder for $17M.

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