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AAP
AAP
Derek Rose

Task Group to be acquired by US firm for $310 million

TASK United States Par PAR Technology
Chief executive Dan Houden's Task Group will be acquired by PAR Technology Corp for $310 million. (HANDOUT/SUPPLIED)

An Australian and New Zealand-based tech company that makes customer loyalty apps for fast food restaurants has agreed to be acquired by a US firm for $310 million.

ASX-listed Task Group announced on Monday it had agreed to be acquired by PAR Technology Corp for more than double the value of its recent share price.

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