EFD stockholders approve Fidelity merger
EFD | eFunds Corporation (NYSE: EFD), the company that delivers innovative enterprise payments and data & decisioning solutions, today announced that its stockholders approved the merger agreement of EFD with a subsidiary of Fidelity National Information Services, Inc. at a special meeting of stockholders held today.
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Approximately 73% of the outstanding shares and over 99% of the shares voted were voted in favor of the merger.
Upon the closing of the merger, holders of EFD common stock will be entitled to receive $36.50 in cash, without interest, for each of their shares. The merger is currently expected to close on September 12, 2007.