Fidelity National, Metavante shareholders to decide merger on Sept. 4

By Lisa Kerner

Charlotte, N.C., July 21 - Fidelity National Information Services, Inc. and Metavante Technologies, Inc. shareholders will vote on the companies' proposed merger at separate special meetings on Sept. 4.

The record date for both meetings is June 29, the companies said.

As previously reported, Fidelity agreed to acquire Metavante in an all-stock transaction valued at approximately $3 billion.

Metavante shareholders will receive a fixed exchange ratio of 1.35 shares of Fidelity common stock for each share of Metavante common stock they own.

In June the Department of Justice requested additional information from the companies.

Fidelity and Metavante expect the merger to close during the fourth quarter of 2009.

Milwaukee-based Metavante Technologies is the parent company of Metavante Corp., which delivers banking and payments technologies to financial services firms and businesses.

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

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