SafeCard Services Inc., a unit of Ideon Corp., has signed a letter of intent to acquire United Bank Services, a Norman, Okla.-based enhancement provider.

Terms of the sale, expected to be completed early next year, include $18 million at closing and up to $12 million over the next three years.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.