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Fiserv, a services provider to the financial and insurance industries, and CheckFree have entered into a definitive agreement whereby Fiserv will acquire CheckFree in an all-cash transaction valued at approximately $4.4 billion. CheckFree offers financial e-commerce services and products, including online banking, electronic payments, and infrastructure and services. Under terms of the agreement, CheckFree shareholders will receive $48 in cash for each share of common stock.

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