Payroll Firm TALX of Equifax Takeover

ST. LOUIS – TALX Corp., the provider of payroll and human resources services, set a record date of April 4 for its May 15 special shareholders meeting where shareholders will vote on the $1.4 bill takeover of the company by Equifax. Equifax plans to incorporate TALX’s automated employment and income verification and other payroll services with its own credit bureau services. TALX provides more than 9,000 clients with web-based services focused on three employment areas: hiring, pay reporting and compliance. Equifax has agreed to pay $35.50 in cash or stock or a combination of each, and assume $191 million of TALX debt, a total of $1.4 billion.

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