ogether, Global Payments and Heartland have about 2.5 million customers, and are expected to have over $1 billion in earnings before interest, tax, depreciation and amortization. Under the terms of the deal, Global Payments will pay 0.6687 of its own shares and $53.28 in cash for each share of Heartland. As of Monday’s closing prices, that valued the deal at about $100.31 a share, up about 21 percent from Heartland’s closing price. Global Payments said it expected the deal to add to its cash earnings per share by mid-single digits beginning in its 2017 fiscal year.

http://www.nytimes.com/2015/12/16/business/dealbook/global-payments-to-buy-heartland-payment-for-4-3-billion.html