Paychex to buy outsourcing firm Oasis for $1.2 bln

Nov 26 (Reuters) - Payroll processor Paychex Inc said on Monday it plans to buy Oasis Outsourcing Acquisition Corp for $1.2 billion in cash to expand its human resources outsourcing services.

West Palm Beach, Florida-based Oasis serves more than 8,400 clients. (Reporting by Arunima Banerjee in Bengaluru; Editing by Shounak Dasgupta)