Paychex (PAYX) expands its small-business payroll processing offering by agreeing to acquire...

|By:, SA News Editor

Paychex (PAYX) expands its small-business payroll processing offering by agreeing to acquire closely held SurePayroll for $115M. SurePayroll uses channel partners like Citibank (C), Harris Bank and SunTrust Banks (STI) to provide services.