Ceridian To Go Private

Thomas H. Lee Partners and Fidelity National Financial (NYSE: FNF) have agreed to acquire Ceridian Corp. (NYSE: CEN), a Minneapolis-based provider of human resource outsourcing services in the U.S., U.K. and Canada. The total deal is valued at approximately $5.3 billion, with Ceridian shareholders to receive $36 per share. Deutsche Bank Securities and Credit Suisse have provided leveraged financing commitments, while Ceridian is being advised by Greenhill & Company. www.ceridian.com