Filed by Global Payments Inc.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule
14a-12
under the Securities Exchange Act of 1934
Subject Company: Total System Services, Inc.
Commission File No.:
001-10254
Date: May 28, 2019
The following is an email sent to all employees of Global Payments Inc. by Jeffrey S. Sloan, Chief Executive Officer of Global Payments Inc., on
May 28, 2019.
Subject: Announced Merger with TSYS
Dear Colleagues:
We are delighted to announce Global Payments
and TSYS have entered into a definitive agreement to merge our two companies, bringing together two industry leaders with strong businesses and cultures that will generate significant opportunities for our employees, customers, partners and
shareholders worldwide. Together, we will become the leading pure play payments technology company worldwide immediately upon closing.
The combined
company will have market leading positions in the most attractive markets in payments globally: for integrated payments, in owned software in both our merchant and issuing businesses, with increased scale in ecommerce and omnichannel solutions and
with further exposure to fast growth markets globally.
We also expect to achieve our long sought after goal of Fortune 500 status at close and in advance
of our year end 2019 objective. The combined company will have significantly enhanced financial strength and flexibility with expected investment grade credit ratings.
We anticipate the transaction will close in the fourth quarter of 2019. While there is much work to be done between now and then, we should celebrate this
landmark announcement. Until the transaction closes, it will be business as usual at Global Payments.
I invite you to join us for an employee webcast
today at 9:30 am ET
to learn more about what this milestone means to the future of Global Payments and to you.
You can register for the
Employee Webcast here.
A recording of the call will be posted on MyGPN.
Thank you for all you do for us every day.