NEW YORK – ACI Worldwide on Monday said it has accepted all of the shares of S1 Corp. tendered to it and is poised to complete its acquisition of the provider of back-office services to credit unions and banks.
Processing Content
In the merger, all remaining publicly held shares of S1 common stock not purchased in the exchange offer will be converted into the right to receive $6.62 in cash, without interest, and 0.1064 of a share of ACI common stock.
Through the transaction, ACI has acquired the three product sets known as S1 Payments Processing and Card Management, S1 Online Banking and S1 Branch Banking.
