CBIZ (CBZ) Completes Acquisition of Meridian Insurance

January 9, 2012 8:37 AM EST
CBIZ, Inc. (NYSE: CBZ) today announced that it has acquired Meridian Insurance Group, LLC of Boca Raton, FL, effective January 1, 2012.

Meridian has 22 employees and is expected to contribute approximately $4.4 million in revenue to CBIZ during 2012. Other financial terms were not disclosed.


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