Payments News -

ACI steps up efforts to scupper S1-Fundtech merger

ACI Worldwide has escalated its efforts to derail the proposed merger between S1 and Fundtech, filing preliminary proxy materials with the SEC to solicit S1 shareholder votes against the deal. In June S1 agreed an all-stock merger with transaction banking vendor Fundtech in a deal valuing the combined entity at around $700 million. Under the [...]

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