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May 13, 1997 5:30 PM PDT

Short Take: Baan to acquire Aurum

Business software provider Baan will acquire customer relations software provider Aurum in a stock-swap deal valued at approximately $250 million. Baan will issue approximately 0.36 Baan common shares for each outstanding share of Aurum stock, which amounts to about 4.2 million Baan shares.

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