Deals
Retalix Surges on Report of Sale to NCR for $800 Million in Cash
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Retalix Ltd., the Israeli maker of supermarket software, soared the most since its initial public offering in 1998 after daily Calcalist reported that NCR Corp. is in talks to buy the company for $800 million in cash.
Ra’Anana, Israel-based Retalix surged 35 percent to $29.50 by 3:20 p.m. in New York before trading in the shares was halted, pending news. Retalix shares traded in Tel Aviv added