SCROLLING NEWS

SCROLLING NEWS

Automatic Data Processing Inc. is looking to merge with Sandy Corp., a performance improvement company in Troy, Mich. ADP has proposed to exchange ADP shares at $12 a share for each Sandy Corp. share. In a release issued last week, Sandy Corp. said it "remains optimistic that an agreement can be reached." A further announcement is expected in the next two weeks, Sandy Corp. said. The release said Sandy Corp. services include consulting, research, training and communication tools and media.

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