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Fintech and regtech outfit Computer Services Inc is set to go private after agreeing to be bought by investment firms Centerbridge Partners and Bridgeport Partners for around $1.6 billion.
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"Having formed CSI nearly six decades ago, I am pleased to support this transaction as it will provide shareholders with immediate cash at a compelling value premium," said Founder and Chairman Emeritus John Williams.
https://www.finextra.com/newsarticle/40848/csi-to-go-private-in-16bn-deal
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