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Kofax Sells for $1B

Shares of Kofax Ltd. soared in midday trading today to a market value of about $960 million after the Irvine-based software maker said yesterday it would be sold for $1 billion to Lexmark International Inc. in Lexington, Ky.

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Kofax Begins Trading on Nasdaq

Irvine-based business software maker Kofax Ltd. began trading on the Nasdaq exchange Thursday after pricing its shares as part of its listing in the U.S.

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