At 8:35 AM EST, ActivIdentity Corporation (NASDAQ: ACTI) is up 42.48% from $2.26 to $3.22. Â The digital authentication and credential management company has also traded 786,400 shares alread, compared to their average of 145,205. Â This increase in activity is the result with this morningâs announcement that the company will be bought out by the Swedish Assa Abloy for $162 million, or $3.25 a share. Â The move comes during a 52-week period of $1.77 to $3.33.
-Michael B. Sauter
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