Ultimate Software Group Inc (ULTI.O) said it has no current plans to sell itself, following a Reuters report that the cloud-computing company had hired an investment bank to consider a sale. The Weston, Florida-based software maker had started a sales process in December and hired Lazard as its banker, a source familiar with the situation said on Thursday. Prospective buyers, however, need to get comfortable with the price at which the company is trading, the source said.
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