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Wolters Kluwer Buys IDS in $70M Deal

Wolters Kluwer has announced a roughly $70 million cash deal with The Reynolds and Reynolds Company to acquire International Document Services. So reports Dow Jones Newswires.

wolters kluwerThe Dutch information services provider said it will fold IDS into Wolters Kluwer Governance, Risk & Compliance’s compliance solutions business.

The transaction with the Utah-based compliance software provider was expected to close in the second quarter of this year.

Read the full article from Dow Jones Newswires.

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