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Ceridian says it has approvals needed for acquisition
By Devika Patel
Knoxville, Tenn., Oct. 10 - Ceridian Corp. announced that, as of Oct. 4, it had received all necessary approvals for its pending $36-per-share acquisition by affiliates of Thomas H. Lee Partners, LP and Fidelity National Financial, Inc.
The Minneapolis information services company aims to complete the $5.3 billion acquisition in the fourth quarter of 2007.
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