Payments News -

Fidelity National Information Services to acquire Metavante Technologies

Fidelity National Information Services and Metavante Technologies have announced that the boards of directors of both companies have approved a definitive agreement under which FIS will acquire Metavante. Under the terms of the agreement, Metavante shareholders will receive a fixed exchange ratio of 1.35 shares of FIS common stock for each share of Metavante common stock [...]

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