For financial reporting, their fiscal year ends on December 31st. On May 28, 2019, Global Payments (NYSE: GPN) and TSYS announced that they have entered into an agreement to combine in an all-stock merger of equals. Why Total System Services Surged 57.8% in the First Half of 2019 Total System Services was the third, and likely final, acquisition in the payments space during a busy first half for the industry. Atlanta-based Global Payments and Columbus, Ga.-based TSYS on May 28 announced a "merger of equals" to create one of the country's largest fintech companies. TSS is predominantly active in the following sectors: local and central government, healthcare, retail, financial services ... Mergers and Acquisitions. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Total System Services, Inc. with Global Payments is Fair to TSS … Payment technology company Global Payments said it would buy peer Total System Services for about $21.5 billion in stock. Second, the Global Payments-TSYS deal was an all-stock merger that left TSYS shareholders with 48% of shares and created no new debt. Digital Payments News: Global Payments and Total System Services (TSYS) are reportedly in talks about a merger as the industry consolidation continues. The agreement between Global Payments and TSYS is being billed as an “all stock merger of equals,” according to a release from TSYS. 3. Total System Services Inc is primarely in the business of services-business services, nec. Under the terms of … plan of merger (“Merger Agreement”), pursuant to which the Company’s shareholders stand to receive 0.8101 shares of Global Payments stock for each share of TSS they own (the “Merger Consideration”). To learn more about the TSS … Under the terms of the merger agreement, Total System Services, Inc. ( NYSE: TSS ) shareholders will receive 0.8101 Global Payments shares for each share of NYSE: TSS common stock, representing an equity value for TSYS of approximately $21.5 billion. Stock analysis for Total System Services Inc (TSS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. TSS (TSS) has 4 splits in our TSS split history database. Message. Faber tweet: Global Payments and Total Systems Services agree to all stock merger of equals deal- sources. Board to be split. Stock market news, interactive fundamental chart, advanced stock screener with over 300 indicators and ratios to screen by, detailed overviews and financials for US stocks. This was a 2 for 1 split, meaning for each share of TSS owned pre-split, the shareholder now owned 2 shares. MERGER ALERT – SHOS, TSS, ... Total System shareholders will receive 0.8101 Global Payments shares for each share of Total System common stock they own. The all-stock deal values Total Systems Services, ... with Global Payments (ticker: GPN) and Total Systems Services (TSS) announcing a merger of equals Tuesday morning. Sloan said the TSYS acquisition, which both companies describe as a "merger of equals," is a stock deal that opens the possibility of other transactions. After the close Wednesday, Global Payments (NYSE: GPN) filed its S-4 related to the merger of equals with Total System Services (NYSE: TSS), originally announced on May 28th. Global Payments itself bought Heartland Payment Systems Inc in a $4.3 billion cash-and-stock deal in 2016. The news of another possible merger in the payments industry sent shares of Total System Services, known as TSYS, up more than 10% and Global Payments stock up more than 3%. $20 billion merger talk with Global Payments (GPN) and Total System Services ... in an all-stock deal that is expected to be announced Tuesday, ... Year-to-date, TSS has gained 42.99%, versus a 13.65% rise in the benchmark S&P 500 index during the same period. Total Systems holders to receive 48% of combined company. Teledyne Technologies Incorporated is an American industrial conglomerate.It was founded in 1960, as Teledyne, Inc., by Henry Singleton and George Kozmetsky.. From August 1996 to November 1999, Teledyne existed as part of the conglomerate Allegheny Teledyne Incorporated – a combination of the former Teledyne, Inc., and the former Allegheny Ludlum Corporation. Profile. Global Payments (NYSE: GPN) and Total System Services Inc. (NYSE: TSS) today announced a "merger of equals" to create one of the country's largest fintech companies. Counsel, Sec. The first split for TSS took place on May 05, 1993. Total System Services Inc is a registered with the U.S. Security and Exchange Commission and incorporated in the state of Georgia. From. MERGER ALERT – PDOB, TSS, and ISRL: ... Total System shareholders will receive 0.8101 Global Payments shares for each share of Total System common stock they own. The exchange ratio is the number of new shares that will be given to existing shareholders of a company that has been acquired or has merged with another. Sr. EVP, Gen. The $119.86 per share value represents a … Find the latest TSS INC (TSSI) stock quote, history, news and other vital information to help you with your stock trading and investing. Under the terms of the merger agreement, TSYS shareholders will receive 0.8101 Global Payments shares for each share of TSYS common stock, representing an equity value for TSYS … For example, a 1000 share position pre-split, became a 2000 share position following the split. Total System Services, a global payments provider that offers solutions across the issuing, merchant and consumer segments, will combine with Global Payments in a merger of equals. of Total System Services Inc (30-Year Financial, Insider Trades) G Sanders Griffith Iii (insider trades) sold 12,326 shares of TSS on 09/05/2019 at an average price of $138.5 a share. To. Global Payments gained a foothold in small business and education payments technology though its $4.3 billion Heartland deal in 2016. 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