Wolters Kluwer acquire CBF Systems

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Amsterdam--Wolters Kluwer NV said Wednesday that it has acquired Fraser, Mich.-based CBF Systems Inc., which provides mortgage documents and document automation products for the financial services industry. Terms of the transaction were not disclosed. CBF will be part of Bankers Systems Inc. Bankers Systems, in turn, is a unit of CCH Inc., which provides tax and business law information and is a wholly owned subsidiary of Wolters Kluwer.
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