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The Associated Press August 20, 2010, 1:34PM ET

VSE buys Akimeka for $33 million

Military contractor VSE Corp. said Thursday that it has bought Akimeka LLC for about $33 million, expanding its health services information technology consulting business.

Akimeka is based in Hawaii with offices in Virginia, Florida and Texas. The company had revenue of about $38 million in 2009.

Shares of VSE fell 64 cents, or 2.3 percent, to $27.51 in afternoon trading on Friday.

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