Wednesday, June 13, 2007

Ceridian shareholder opposes takeover deal

(Reuters) - Ceridian agreed last month to be bought by private equity
firm Thomas H. Lee Partners and insurance company
Fidelity National Financial Inc. for $36 per share, or
$5.3 billion.




In a regulatory filing, Pershing Square said the deal is
"suboptimal" for Ceridian stockholders.


Read more at Reuters.com Government Filings News

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