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Mergers and Acquisitions

Suit Filed to Halt Gevity’s Acquisition

March 20, 2009
TriNet, a San Leandro California-based professional employer organization, announced this month that it had struck a deal to acquire Gevity. TriNet would pay $4 per share in cash for all outstanding shares of Gevity, valuing the deal at $98 million.
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Mercer to Acquire Callan Associates

February 18, 2009
Terms of the deal, announced Tuesday, February 17, weren’t disclosed. The combined entity will boast roughly 1,100 investment consulting employees in 41 offices worldwide.
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Unions Fight to Control Piggy Bank

February 17, 2009
Amalgamated Bank, the nation’s only 100 percent union-owned bank, finds itself at the center of the crumbling marriage between garment workers and hotel employees. Each side is vying for control of the $4.5 billion-asset New York institution.
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