Global Payments to Buy Heartland Payment Systems for $4.3 Billion
December 15 2015 - 5:10PM
Dow Jones News
Payment technology company Global Payments Inc. agreed to buy
Heartland Payment Systems Inc. for $4.3 billion.
The deal price of $100 a share provides a 17.5% premium to
Heartland's closing stock price Tuesday.
Global Payments said the deal significantly expands its U.S.
direct small and medium-size enterprise distribution, merchant base
and vertical reach.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
December 15, 2015 16:55 ET (21:55 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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