FIS and Worldpay to Merge in a Deal Worth $43 Billion
Combined company will retain FIS name and be headquartered in Jacksonville, Florida.
Last week, financial services technology firm FIS (NYSE: FIS) announced that it has entered into a definitive agreement with global ecommerce and payments provider Worldpay, Inc. (NYSE: WP) to merge the companies. With complementary services, the merger will help FIS significantly expand its capabilities while providing Worldpay with expanded distribution capabilities and will help the combined company provide best-in-class enterprise banking, payments, capital markets and global ecommerce capabilities to customers around the world.
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