Seeking Alpha

Fidelity National Information plans to spin off its merchant business - report

Fidelity National Information Services (NYSE:FIS) is said to be making plans for a tax-free spin-off of its merchant business, offloading much of the business from its $43 billion Worldpay acquisition ...
Seeking Alpha

Fidelity National Information Services: Worldpay Spin-Off To Create Significant Shareholder Value

Fidelity National Information Services announced a partial spin-off of Worldpay after a very painful 4 years. The proceeds from the sale will be used to reduce debt rapidly and buy back shares as the ...
Nasdaq

Fidelity National to spin off merchant payments segment

Feb 13 (Reuters) - Payments conglomerate Fidelity National Information Services Inc FIS.N said on Monday it would spin off its merchant payments business. The unit, Worldpay, is a payments processor ...
Morningstar

Fidelity National Information Services Reports Weak Q4, Will Spin Off Acquiring Operations

Fidelity National Information Services reported a disappointing end to a disappointing year. As result of the company’s difficulties, management has decided to spin off the WorldPay business. The ...