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US regulators greenlight Fidelity/eFunds deal

27 July 2007  |  1740 views  |  0 Source: EFD|eFunds

EFD|eFunds Corporation (NYSE:EFD), the company that delivers innovative enterprise payments and data & decisioning solutions, today announced that it received notification from the Federal Trade Commission that early termination of the waiting period applicable to the proposed acquisition of eFunds by Fidelity National Information Services, Inc. under the Hart-Scott-Rodino Antitrust Improvements Act has been granted.

eFunds has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission (or the SEC) in connection with the proposed transaction. This document is not yet final and will be amended. Stockholders are strongly advised to read the definitive version of the proxy statement when it becomes available because it will contain important information about the proposed merger transaction. The definitive proxy statement will be mailed to eFunds stockholders. In addition, stockholders will be able to obtain a free copy of the proxy statement as well as other filings containing information about the Company and the merger, if and when available, without charge, at the SEC's Internet site. In addition, copies of the proxy statement and other filings containing information about the Company and the merger may be obtained, if and when available, without charge, by directing a request to eFunds Corporation.

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