Broadridge Financial Agrees to Acquire Business Unit from DST for $410M Cash

[kreslik.news]

On the heels of the latest acquisition announced by Broadridge Financial Solutions Inc. yesterday for 4sight Financial Software Limited – which Finance Magnates reported, the company has since unveiled yet another purchase as it agreed to acquire DST’s North American Customer Communications (NACC) business for $410 million in cash, as per an official corporate statement regarding the deal.

With $1.1billion in total revenue for its fiscal year 2015, NACC is the largest transactional printer in North America and a business of DST Systems Inc. – a company listed on the NYSE under ticker DST – from which ... (read more)