Deals
Fidelity National Said in Exclusive Talks to Acquire SunGard
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Fidelity National Information Services Inc., the payment-services provider, is in exclusive talks to buy SunGard Data Systems Inc. in a deal with an enterprise value of more than $8.3 billion, people familiar with the matter said.
While a deal isn’t imminent, Fidelity would pay with a mix of cash and stock if a transaction occurs, said the people, who asked not to be identified because the discussions are private. The split would be approximately 50 percent cash and 50 percent stock, one of the people said.