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RSA Gets Sticker Shock
Shares of RSA Security (RSAS Quote) dropped 14% as Wall Street jeered the hefty price tag on an acquisition.
The Bedford, Mass., company also set plans for a big restructuring and said its finance chief is leaving to take another job. RSA shares dropped $1.84 in heavy trading to $11.35.
RSA said it would buy closely held Cyota, a New York City-based company that develops online security software for financial institutions, for $145 million. ...
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