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Xerox Corporation and Global Imaging Systems, Inc. today announced a definitive agreement for Xerox to acquire Global Imaging for $29 per share in cash. The total purchase price is expected to be about $1.5 billion.
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Today, Exxon Mobil Corp posted the largest annual profit by a U.S. company - $39.5 billion - even as earnings for the last quarter of 2006 declined 4 percent due to lower natural gas prices and shrinking profits from gasoline sales.
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Mattel, Inc., the worldwide leader in the design, manufacture and marketing of toys and family products, today reported 2006 fourth quarter and full-year financial results.
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