December 15, 2015 / 9:40 PM / in 2 years

Global Payments to buy Heartland Payment Systems for $4.3 billion

(Reuters) - Payments processor Global Payments Inc (GPN.N) will buy smaller rival Heartland Payment Systems Inc HPY.N in a $4.3 billion cash-and-stock deal.

Global Payments’ offer of $100 per Heartland Payment share represents a 17.5 percent premium to the stock’s closing price on Tuesday.

Reporting by Subrat Patnaik in Bengaluru; Editing by Savio D'Souza

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below