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Coforge's $2.35-Billion Encora Buy Draws Cautious Thumbs-Up From Brokerages

Coforge's $2.35-Billion Encora Buy Draws Cautious Thumbs-Up From Brokerages

Coforge’s move to acquire Encora in a $2.35 billion deal has drawn a measured but constructive reaction from brokerages, who broadly agree that the transaction is strategically sound but financially front-loaded.

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