Fidelity National Information Services facing Blackstone Buyout
The details of the buy out are largely unknown, but here is the press coverage today from Peter Lattman from the Wall Street Journal. To be clear, FNIS is really no longer a company. Fidelity split the business into FIS and LPS a number of years ago. This press release refers to assets controlled by FIS and does not impact LPS - the company behind the Paragon, reINsight, rDesk and other real estate and banking technology services. Blackstone in Talks on $10 Billion Deal By PETER LATTMAN Blackstone Group LP and other investors are in talks to acquire financial-data-processing [...]