Fiserv to acquire CheckFree for $4.4 billion
Fiserv Inc., which sells data processing technology and services to the financial industry, said on Thursday it was buying CheckFree Corp., an online check and bill-paying company, for $4.4 billion in cash.
CheckFree shareholders would receive $48 per share, or 30 percent more than the August 1 closing level of $36.83.
The deal is expected to close by December 31.
(Reporting by Dan Wilchins)
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