Date:	--/--/-- --:--:--
Event Id:	E564N3O84
Action Type:	ACQUISITION
Action Status:	COMPLETED
Acquirer Symbol:
Target Symbol:	CA:PAY
Updated:	--/--/-- --:--:--
Purchase Price Per Share:
Price Per Share Currency:
News References:	https://www.prnewswire.com/news-releases/fiserv-completes-acquisition-of-payfare-302389984.html

Action Notes

Fiserv, Inc a leading global provider of payments and financial services technology, today announced it has entered into a definitive agreement to acquire Payfare Inc a provider of program management solutions with a particular focus on new economy workforces. The transaction is subject to obtaining shareholder and court approvals and other customary closing conditions and is expected to close in the first half of 2025. On 01/23 Payfare announced the special meeting of shareholders will take place on 02/21. On 2/21, the Company's Class A Common shareholders (the "Shareholders") have voted in favour of the previously announced acquisition of Payfare by 1517452 B.C. Ltd. (the "Purchaser"), an affiliate of Fiserv, Inc. (NYSE: FI) ("Fiserv") pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") at the Company's special meeting of Shareholders (the "Meeting") held earlier today. It was announced on 02/26 that the Supreme Court of British Columbia approved the transaction.