(Reuters) - But a major Ceridian shareholder, hedge fund manager William Ackman, is pushing for a spin-off of the company's fast growing Comdata division.
Two corporations are also bidding for the company, the sources said, but it was unclear which companies were involved. Whether Bain and Blackstone are bidding as a team or separately was also unclear. Ceridian has a market value of $4.6 billion.
Read more at Reuters.com Mergers News
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