Fidelity closes InterCept deal

Fidelity National Financial Inc. (NYSE: FNF) has closed its purchase of Atlanta-based InterCept Inc. (NASDAQ: ICPT) after InterCept shareholders voted to approve the deal. Fidelity paid $18.90 in cash for each share of InterCept common stock.

InterCept provides technology products and services to financial institutions.

"We are excited to close the InterCept acquisition and look forward to working with the more than 1,100 new customers, as well as the potential revenue synergy opportunities this increased customer base affords FNF," said Chairman and CEO Bill Foley. "We remain committed to realizing at least $25 million in cost synergies through our integration efforts."

InterCept shareholders approved the deal Nov. 8, making the company a wholly-owned subsidiary of Fidelity National Information Services Inc.

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