Antitrust Cops Want More Information on CheckFree’s Corrilian Takeover

Published April 17, 2007, 4:17 p.m. EDT

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Updated August 27, 2020, 1:56 a.m. EDT

1 Min Read

WASHINGTON – Electronic bill payments gant CheckFree reported yesterday that it has submitted additional documents to antitrust regulators at the Department of Justice and Federal Trade Commission on its proposed takeover of Corillian Corp. The deal will join CheckFree’s industry-leading e-bill technology with Corillian’s, which provides electronic bill payments for hundreds of credit unions and banks. The companies expect the deal to close in the second quarter. CheckFree, which recently completed the $180 million takeover of Carekker, has agreed to acquire Corillian for $245 million.

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