ISS Recommends Stockholders Vote in Favor of Proposed Merger Between Ceridian (CEN) and Fidelity National Financial (FNF)
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Ceridian Corporation (NYSE: CEN) announced that Institutional Shareholder Services (ISS) has recommended that Ceridian stockholders vote for the proposed merger with affiliates of Thomas H. Lee Partners, L.P. and Fidelity National Financial, Inc. (NYSE: FNF) at the Annual Meeting of Stockholders on September 12, 2007. Under the merger agreement, Ceridian stockholders will receive $36.00 per share in cash for each share of common stock they hold. ISS also recommends that stockholders reject Pershing Square's full slate for the Ceridian Board.
In recommending that Ceridian stockholders reject Pershing Square's full slate of nominees and vote for the proposed merger..
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