Online review company Bazaarvoice Inc has agreed to undo a 2012 merger with a rival, which had been challenged by the U.S. government, the Justice Department said on Thursday. Bazaarvoice will sell the PowerReviews assets to a company called Viewpoints, Bazaarvoice said in a separate release.
Bazaarvoice, Inc., connects businesses together to amplify the authentic voices of people where they shop. Shares of BV fell by 1.73% or $-0.12/share to $6.80. In the past year, the shares have traded as low as $6.47 and as high as $11.50. On average, 536614 shares of BV exchange hands on a given day and today's volume is recorded at 436707.
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