Data processing for banking companies

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Metavante Corporation is a provider of data processing for banking companies. In a ____ change, it decided to buy Derivion Corporation, a company that allows organizations that bill consumers -- utilities, insurance firms, and telecommunications companies -- to outsource electronic billing functions. Metavante has a long-term growth strategy that it has been implementing in an orderly fashion, and the purchase seemed appropriate to further its strategy.

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Reference no: EM13185337

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