NU Online News Service, Sept. 30, 3:29 p.m. EDT
LECG Corporation said it will merge with SMART Business Advisory & Consulting, LLC and receive a $25 million cash investment from SMART's majority shareholder, Great Hill Partners.
Under the agreement, LECG will issue about 10.9 million shares of common stock, valued at $39.9 million, to acquire all of SMART's outstanding shares.
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