FIS Reveals Plans to Spin Off Merchant Business

FIS (NYSE: FIS), a global player in financial services technology, announced plans “to pursue a tax-free spin-off of its Merchant Solutions business to strengthen its strategic and operational focus, capitalize on growth opportunities and unlock shareholder value.” The two companies “expect to maintain a strong commercial… Read More
Read more in: Fintech, Global | Tagged financial services technology, fis, jeffrey a. goldstein, merchant solutions business, stephanie ferris