ST. PAUL, Minn. -- Deluxe Corp., the leading U.S. manufacturer of checks and a processor of electronic payments, said it agreed to acquire 25% of Stockforms Ltd., which markets the computer forms and supplies of Pegasus Group PLC of Britain.

Deluxe said it would pay Pegasus, which currently owns all of Stockforms, $3.4 million in cash for the 25% interest. It would have an option to buy the remaining 75% between July 31, 1993, and Dec. 31, 1994.

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