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Heartland Payment Systems Stockholders Approve Merger with Global Payments

ATLANTA & PRINCETON, N.J., Apr 21, 2016 (BUSINESS WIRE) -- Global Payments Inc. GPN, -1.32% a leading worldwide provider of payment technology services, and Heartland Payment Systems, Inc. HPY, +0.23% one of the nation’s largest payment companies, announced today that Heartland stockholders voted to approve the proposal relating to Heartland’s merger with Global Payments.

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Approximately 29.7 million shares were voted in favor of the merger proposal. The favorable vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of the total outstanding Heartland share count.

The transaction remains subject to customary closing conditions, and, in accordance with the merger agreement, the merger is expected to close no later than three business days from today.

About Global Payments

Global Payments Inc. GPN, -1.32% is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. Our technologies, partnerships and employee expertise enable us to provide a broad range of products and services that allow our customers to accept all payment types across a variety of distribution channels in many markets around the world.

Headquartered in Atlanta, Georgia with approximately 4,500...