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EDS Gets $700 Million Pact
Electronic Data Systems (EDS Quote) has inked a six-year, $700 million deal with Bank of America(BAC Quote), the company announced Monday.
EDS will integrate the communications infrastructure of MBNA into Bank of America's voice and data network. Bank of America purchased the credit card company about six months ago.
Shares of EDS were off by a penny in recent trading to $24.20. ...
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