Heartland Payment Systems’ stockholders have given their nod to the company’s merger proposals with Global Payments, a provider of payment technology services.
Global Payments said in a statement that nearly 29.7 million shares were voted in favor of the proposal, representing around 99% of the total Heartland shares and 80% of the total outstanding Heartland share count.
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Subject to the customary closing conditions in accordance with agreement, the merger is expected to close in the next few days.
Under the deal, which was announced in December 2015, Global Payments has agreed to acquire Heartland Payment Systems for $4.3bn.
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