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Cision strengthens Swedish market position through acquisition of PIR

Cision has today signed an agreement to acquire all shares of the Swedish company Public and Investor Relations PIR Svenska AB, ‘PIR’. The transaction will be completed on July 1, 2010.
PIR’s business focus is the distribution of press releases and providing a contact database for journalists and the media for the Swedish market, i.e the services Cision refers to as ‘Connect’ and ‘Plan’. PIR currently has 7...