Shares of Baldwin Technology Co. (AMEX: BLD) saw a
huge rally in trading today after the Boca Raton, Florida-based company agreed
to be acquired by Forsyth Baldwin LLC. Under the terms of agreement, Forsyth
will acquire Baldwin for $0.96 per share in cash.
Baldwin Technology shares rose to an intra-day high
of $0.91 in trading today. At last check, the stock was up more than 90% on
above average volume. The rally has pushed Baldwin Technology shares above
their 50-day moving average.
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