What will happen to the Ceridian pension plan for U.S. employees?
The U.S. pension plan will continue to be reviewed on a regular basis to ensure that it is cost effective and competitive in the marketplace. This plan was closed to new participants in 1995. What happens to stock options that expire prior to the transaction being finalized? Please follow the rules of the plan. Stock options not exercised prior to the expiration date will be forfeited under normal plan provisions. Are private companies bound by ERISA? Our plans will continue to be governed by ERISA. Can you provide additional details about the merger? In addition to the press release that we issued on May 30th, we have filed the definitive merger agreement with the Securities and Exchange Commission (SEC). The filing is available at: http://phx.corporate-ir.net/phoenix.zhtml?c=127312&p=irol-SECText&TEXT=aHR0cDovL2NjYm4uMTBrd2l6YXJkLmNvbS94bWwvZmlsaW5nLnhtbD9yZXBvP XRlbmsmaXBhZ2U9NDk3MDE4NCZhdHRhY2g9T04= When will our shareholders have the opportunity to vote on the transaction? All of
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