Briefly

Acxiom Corp. said Monday that it had resolved a looming proxy battle by agreeing to give a hedge fund two seats on its board and arranging to buy back $300 million in shares.

Little Rock, Ark.-based Acxiom, a business data management company, said it appointed Jeffrey Ubben, managing director of ValueAct Capital and a critic of Acxiom management, to its board for a two-year term.