eFunds: Shareholders to vote Sept. 7 on acquisition by Fidelity National

By Lisa Kerner

Charlotte, N.C., Aug. 7 - eFunds Corp. set Sept. 7 as the special meeting date for its shareholders to vote on the proposed acquisition of the company by Fidelity National Information Services, Inc. The record date for the meeting is Aug. 9.

On June 27, Fidelity announced it agreed to acquire eFunds for $36.50 per share in an all-cash transaction valued at about $1.8 billion.

eFunds is a Scottsdale, Ariz., provider of risk management, electronic payments and global outsourcing solutions.

Fidelity National, located in Jacksonville, Fla., provides core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.