Press Release: Payfare Reaffirms its Recommendation that Shareholders Vote "FOR" the Transaction with Fiserv

Dow Jones

02-12

For further information please visit www.payfare.com or contact: Cihan Tuncay, Head of Investor Relations and Corporate Development, 1 (888) 850-2713 investor@payfare.com.

Copyright CNW Group 2025

(END) Dow Jones Newswires

February 12, 2025 06:00 ET (11:00 GMT)

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Payfare's Board of Directors unanimously recommends shareholders vote \"FOR\" the proposed transaction with Fiserv. Payfare sets the record straight on inaccurate statements and omissions by Kingsferry. TORONTO, Feb. 12, 2025 /CNW/ - Payfare Inc.    today reiterated the unanimous recommendation of its Board of Directors  that shareholders vote \"FOR\" the proposed arrangement agreement  with Fiserv, Inc.   and 1517452 B.C. Ltd. , an affiliate of Fiserv.-- Fiserv's all-cash offer of CA$4.00 per share  is highly. attractive and creates significant value for Payfare shareholders,reflecting a premium of 90% to the closing price of the Shares on the. that resulted in a proposal from Fiserv that exceeded all other proposals. Payfare's Board and Special Committee, with the assistance of its financial advisor, thoroughly explored and evaluated several acquisition, commercial partnership, and s","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4022":"陆运","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU1861217088.USD":"贝莱德金融科技A2","TM":"丰田汽车","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4232":"货物陆运","BK4099":"汽车制造商","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4024":"房地产开发","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","FI":"费哲金融服务","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK4106":"数据处理与外包服务","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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