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IT services & solutions company, $CSC announced today the closure of Fruition Partners acquisition, a technology-enabled solutions provider & ServiceNow consulting firm. Fruition Partners has now become a wholly-owned subsidiary of $CSC and will conduct its business as Fruition Partners, a $CSC company. Terms of the transaction were not disclosed.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.