Fidelity Investments said Monday it has completed the acquisition of Correspondent Services Corporation from UBS Financial Services.

The Boston-based mutual fund giant first announced the agreement to buy CSC back in April 2003. UBS expects a net post-tax result from the transaction near breakeven after the deduction of taxes of roughly $120 million, the amortization of goodwill associated with CSC, and other transaction-related costs. Additional financial terms of the deal were not disclosed.

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