Cases
Total System Services, Inc. (NYSE: TSS)
Merger
Overview
Overview
- Date:
- 5/28/2019
- Company Name:
- Total System Services, Inc.
- Stock Symbol:
- TSS
- Company Name - Buyer:
- Global Payments Inc.
- Stock Symbol - Buyer:
- GPN
- Status:
- Filed
- Merger Announcement Date:
- 5/28/2019
NEW YORK, May 28, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Total System Services, Inc. (NYSE: TSS) on behalf of Total System shareholders concerning the proposed merger with Global Payments Inc. (NYSE: GPN).
Pursuant to the proposed transaction, announced on May 28, 2019, Total System shareholders will receive 0.8101 shares of Global Payments for each share of Total System common stock owned. The investigation focuses on whether Total System and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Total System shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on May 28, 2019, Total System shareholders will receive 0.8101 shares of Global Payments for each share of Total System common stock owned. The investigation focuses on whether Total System and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Total System shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.