Concord/STAR Merger Agreement Key Message Points October 9, 2000Concord Efs Inc • October 10th, 2000 • Functions related to depository banking, nec
Company FiledOctober 10th, 2000 IndustryTerms of Merger Agreement - Star Systems will become a wholly-owned subsidiary of Concord - At closing, Concord will issue 24.75 million unregistered shares of common stock for all the outstanding shares of Star Systems' common stock - Expected to be completed during the first half of 2001 - Subject to pre-merger review by the Federal government pursuant to the Hart/Scott/Rodino Act