January 5, 2017 / 12:18 PM / 7 months ago

IT research firm Gartner to buy CEB for $2.6 bln

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Jan 5 (Reuters) - IT research and advisory company Gartner Inc said on Thursday it would buy CEB Inc, a provider of business research and analysis, in a cash-and-stock deal valued at $2.6 billion to expand its business globally.

Gartner is offering $54 in cash and 0.2284 of its shares for each CEB share. The deal represents a premium of about 25 percent to CEB's Wednesday close. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Ted Kerr)

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