UPDATE: Ikon Office Solutions' Shares Surge As Ricoh Buyout Pact's Set (Nasdaq)

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    UPDATE: Ikon Office Solutions' Shares Surge As Ricoh Buyout Pact's Set (Nasdaq)

    SAN FRANCISCO (Dow Jones) -- Japan's Ricoh Co. said Wednesday that it will pay about $1.62 billion to acquire copier and printer maker Ikon Office Solutions Inc., sending shares of the targeted company more than 10% higher in early trading.

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