Fidelity National Information Services, Inc. Shareholders Overwhelmingly Approve Proposals Related to the Acquisition of Metavan
September 04 2009 - 9:45AM
PR Newswire (US)
JACKSONVILLE, Fla., Sept. 4 /PRNewswire-FirstCall/ -- Fidelity
National Information Services, Inc. (NYSE:FIS) today announced that
its shareholders have voted to approve the issuance of FIS common
stock in connection with the merger of Metavante Technologies, Inc.
into a wholly owned subsidiary of FIS, and the issuance of
approximately 16 million shares of FIS common stock to affiliates
of Thomas H. Lee Partners, L.P. and Fidelity National Financial,
Inc. in connection with the equity investments in FIS to be made by
those parties coincidentally with the completion of the merger. FIS
is targeting an October 1, 2009 completion date for the merger,
subject to customary closing conditions. About Fidelity National
Information Services, Inc. Fidelity National Information Services,
Inc. (NYSE:FIS), a member of the S&P 500 Index, is a leading
provider of core processing for financial institutions; card issuer
and transaction processing services; and outsourcing services to
financial institutions and retailers. FIS has processing and
technology relationships with 40 of the top 50 global banks,
including nine of the top 10. FIS has been ranked the number one
banking technology provider in the world by American Banker and the
research firm Financial Insights in the annual FinTech 100
rankings. Headquartered in Jacksonville, Fla., FIS maintains a
strong global presence, serving more than 14,000 financial
institutions in more than 90 countries worldwide. For more
information on FIS, please visit
http://www.fidelityinfoservices.com/. Forward Looking Statements
This press release contains statements related to FIS' future plans
and expectations, and, as such, constitutes "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements are subject to known and
unknown events, risks, uncertainties and other factors that,
individually or in the aggregate, may cause actual results to be
different from those expressed within this press release. The
material risks and uncertainties that could cause actual results to
differ materially from current expectations include, without
limitation, the risks detailed from time to time in the reports and
filings made by FIS with the Securities and Exchange Commission
("SEC") that are available on the SEC's web site located at
http://www.sec.gov/. Readers are strongly urged to read the full
cautionary statements contained in those materials. We assume no
obligation to update any forward-looking statements to reflect
events that occur or circumstances that exist after the date on
which they were made. DATASOURCE: Fidelity National Information
Services, Inc. CONTACT: Mary K. Waggoner, Senior Vice President of
Investor Relations, +1-904-854-3282, or Marcia Danzeisen, Senior
Vice President Marketing and Corporate Communications,
+1-904-854-5083, both of FIS Web Site:
http://www.fidelityinfoservices.com/
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