Subsequent Event

9 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

Subsequent Event

SUBSEQUENT EVENT

On April 10, 2015, the Company completed the acquisition of the trade processing business of the Wilmington Trust Retirement and Institutional Services unit of M&T Bank Corporation. The acquired business is being combined with Broadridge’s mutual fund and ETF trade processing platform in its Investor Communication Solutions segment. The purchase price was $61.0 million, subject to net working capital and post-closing adjustments. As of the date of the acquisition, the acquired net assets will be recorded at fair value in accordance with the purchase method of accounting and the results of operations of the acquired business will be included in the results of operations of the Investor Communication Solutions segment. This acquisition was not material to the Company’s operations, financial position, or cash flows. As of the date of the filing of this report, the preliminary purchase price allocation has not been finalized.