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June 06, 2007
Top Stories
CERIDIAN TO BE ACQUIRED BY THL PARTNERS AND FNF...Ceridian Corporation, Thomas H. Lee Partners, L.P. and Fidelity National Financial, Inc. have entered into a definitive merger agreement under which Ceridian will be jointly acquired by THL Partners and FNF in an all cash transaction valued at approximately $5.3 billion. Ceridian shareholders will receive $36.00 per share in cash for each share of common stock they hold. Ceridian is a leading provider of human resources, transportation and retail information management services, serving businesses and employees in the U.S., Canada and Europe.
HP, BT EXPAND ALLIANCE...HP and BT announced an expansion of their alliance to meet growing customer demands for standardized and flexible collaborative IT and network services around the globe. The strengthened alliance positions the two companies as preferred partners in the management of outsourced IT and network services and builds on a successful three-year go-to-market model that has attracted more than $1.5 billion in contract revenue since 2004 and more than 25 customers, including FirstGroup, Aker Kvaerner and Anglo-American.
KELLY SERVICES EXPANDS IN CHINA...Kelly Services, Inc. has acquired P-Serv, a company specializing in temporary staffing, permanent staffing,outsourcing and executive search with operations in Mainland China, Hong Kong and Singapore. The acquisition increases Kelly's global footprint to 33 countries and territories.
Posted by jbowles at June 6, 2007 08:58 PM
