Deluxe Acquires Custom Direct to Strengthen its Consumer Services
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During the remainder of 2010, the acquisition is expected to generate approximately $60 million in revenue and over $15 million of additional operating cash flow. The acquisition is also expected to be neutral to earnings per share after recording approximately $2 million in transaction-related costs in 2010, and be accretive to EPS by over $0.10 in 2011.
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- Companies:
- Deluxe Corp.
- People:
- Lee Schram
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