FIS to Buy Worldpay in Record $34 Billion Payment Processing Deal

Fidelity National Information Services Inc. fis has agreed to acquire Worldpay Inc. wpg for approximately $34 billion in cash and stock, the biggest ever deal in the white-hot payment processing sector, Bloomberg reports. Florida-based FIS will also take on Worldpay’s net debt of $7.7 billion, bringing the enterprise value of the deal to around $43 […]