Ultimate Software Group, which makes HR management software for the cloud, to be bought by an investor group led by PE firm Hellman & Friedman for about $11B (Reuters)

Reuters:
Ultimate Software Group, which makes HR management software for the cloud, to be bought by an investor group led by PE firm Hellman & Friedman for about $11B  —  (Reuters) - Ultimate Software Group Inc said on Monday it agreed to be bought by an investor group led by private equity firm Hellman & Friedman for about $11 billion.

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