2014-08-13
Norcross, Ga.-based commercial fuel cards company FleetCor Technologies Inc. plans to buy Comdata Inc. from Ceridian LLC for $ 3.45 billion. Comdata is a business-to-business provider of fleet, virtual cards and gift cards to more than 20,000 customers. It has about 1,300 employees . “We have followed Comdata’s growth and development for many years, and are excited today to be bringing the companies together” said Ron Clarke, chairman and CEO of FleetCor (NYSE: FLT), in a statement. “Comdata’s virtual…
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