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2 Banking Companies Agree to Exchange Stock

Internet banking companies Digital Insight Corp. in Calabasas, and nFront Inc. in Atlanta, have signed a definitive agreement to merge in a stock-for-stock exchange of .579 shares of Digital Insight for each share of nFront. The equity value of the transaction to nFront shareholders is about $439 million.

The company will operate under the name Digital Insight with headquarters in Calabasas.


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