(Reuters) - The deal will expand Fidelity National Information
Service's distribution capabilities and boost the
company's product offering.
FIS expects to realize about $65 million in annual cost
savings. It will finance the purchase through cash on hand and
recently secured long-term debt commitments. The deal is
expected to close by the end of the third quarter.
Read more at Reuters.com Mergers News
Service's distribution capabilities and boost the
company's product offering.
FIS expects to realize about $65 million in annual cost
savings. It will finance the purchase through cash on hand and
recently secured long-term debt commitments. The deal is
expected to close by the end of the third quarter.
Read more at Reuters.com Mergers News
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