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Broadridge to Acquire Matrix Financial (BR)
Wednesday, November 24, 2010 - 9:26am | 90Broadridge (NYSE: BR) is set to acquire Matrix Financial for $201M in cash according to a report by J.P. Morgan. In a note to clients, J.P. Morgan writes, "The acquisition is expected to be neutral to earnings in FY11 and ~$0.09 accretive to FY12 non-GAAP EPS ($0.04 accretive to FY12 GAAP EPS),...