Ceridian And U.S.I. Announce Alliance
NU Online News Service, Jan. 9, 1:07 p.m. EST?Third party administrator, Ceridian Corp. of Minneapolis, Minn., and San Francisco-based broker, U.S.I. Holdings Corp., announced a strategic alliance today.
As part of the agreement, Ceridian made a $15 million equity investment in USI, and USI appointed Tony Holcombe, president of Ceridian Employee/Employer Services, to the USI board of directors, the companies said.
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