ROSELAND, N.J. -- Automatic Data Processing Inc. said it has completed the previously announced acquisition of the assets and liabilities of BankAmerica Corp.'s business services division for about $200 million in cash.

ADP said the purchase price includes the payroll processing and payroll-tax-filing business of BankAmerica as well as an ongoing marketing relationship between the companies.

The BankAmerica division reportedly has about 17,000 clients and annual revenue of $125 million.

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