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Paychex Buying SurePayroll in $115M Deal

Thursday, 09 December 2010
News

surepayrollPaychex has agreed to acquire SurePayroll, a Chicago-based provider of Internet-based payroll services, via a merger valued at roughly $115 millon. SurePayroll will operate as a subsidiary of Paychex and will continue to be led by its president, Michael Alter. The companies said SurePayroll has about 30,000 customers.

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