In a move that will give D+H deeper roots in the U.S. and a broader product set, the Canadian company announced late in the day Tuesday, July 23, that it has reached an agreement with Harland Clarke Holdings Corp. to acquire Harland Financial Solutions, pending regulatory approval.

The closing date has not yet been established, but is expected to take place in the third quarter of 2013. The purchase price is $1.2 billion in cash.

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