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News Breaks | | | | February 19, 2013 | | 16:15 EDT |  | TSS, NTSP | Total System acquires NetSpend for $16 per share in cash
TSYS (TSS) , and NetSpend (NTSP) announced that they have entered into a definitive agreement pursuant to which TSYS will acquire NetSpend in an all cash transaction valued at approximately $1.4 billion. Under terms of the agreement, NetSpend shareholders will receive $16 in cash for each share of NetSpend common stock. TSYS expects the transaction to be accretive to GAAP EPS for the first 12 month period following closing, excluding one-time acquisition related fees and expenses. | |
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News For TSS;NTSP From The Last 14 Days Check below for free stories on TSS;NTSP the last two weeks. |
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| May 8, 2013 | | 17:01 EDT |  | TSS | Total System files automatic mixed securities shelf
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