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ACI increases cash component of S1 offer

ACI increases cash component of S1 offer

ACI Worldwide has increased the cash component of its takeover offer for S1 Corporation by 50 cents a share. In June S1 agreed an all-stock merger with transaction banking vendor Fundtech in a deal valuing the combined entity at around $700 million. The following month ACI sought to derail the agreement with an offer of [...]

The post ACI increases cash component of S1 offer appeared first on Payments Cards & Mobile.

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