PORTLAND, Ore. – Corillian Corp. said yesterday that its shareholders approved the company $240 million acquisition by CheckFree Corp., pending approval by federal antitrust regulators. CheckFree has submitted additional materials to the Federal Trade Commission and the Department of Justice explaining the combination of two major providers of online banking services. CheckFree said it hopes to close the deal by the end of the second quarter, but the timing may be affected by the response of the antitrust regulators. Under the terms of the deal, CheckFree is paying $5.15 a share in cash, a slight premium, to Corillian stockholders.
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