8-KRegulation FDExhibits & Filings

CORPAY, INC. 8-K Report, Regulation FD Disclosure (Jul 11, 2012)

Filed July 11, 2012For Securities:CPAY

Summary

FleetCor Technologies, Inc. (CPAY) announced the successful completion of two significant acquisitions on July 11, 2012. The company acquired CTF Technologies, Inc. for $180 million, a move expected to contribute to FleetCor's growth and market position. In addition to this, FleetCor also acquired a leading Russian fuel card company, further expanding its international presence and diversifying its operations. Management is hosting a conference call and webcast on the same day to discuss these acquisitions, providing investors with an opportunity to gain further insights into the strategic rationale and potential financial implications of these transactions. The company has also provided details for accessing the webcast and a replay, emphasizing transparency and investor communication regarding these key developments.

Key Highlights

  • 1FleetCor Technologies, Inc. completed the acquisition of CTF Technologies, Inc. for $180 million.
  • 2The company also acquired a leading Russian fuel card company, expanding its international footprint.
  • 3These acquisitions are presented as strategic moves to enhance FleetCor's market position and growth.
  • 4FleetCor's management is hosting a conference call and webcast on July 11, 2012, at 4:30 PM ET to discuss the acquisitions.
  • 5Webcast and conference call details, including replay information, are provided for investor access.
  • 6The filing includes a Safe Harbor statement outlining forward-looking statements and associated risks.
  • 7Exhibit 99.1 and 99.2, press releases regarding the acquisitions, are furnished as part of the filing.

Frequently Asked Questions

The key events reported in this 8-K filing are the completion of two significant acquisitions by FleetCor Technologies, Inc.: the acquisition of CTF Technologies, Inc. for $180 million and the acquisition of a leading Russian fuel card company. Management also announced a conference call to discuss these transactions.

The CTF Technologies acquisition was completed for $180 million. While the exact financial impact is not detailed in this 8-K, the company's management is holding a conference call to discuss the strategic and financial implications of this and the Russian acquisition.

Investors can gain more information by listening to the conference call and webcast hosted by FleetCor's management on July 11, 2012, at 4:30 PM ET. The company also provides access to a replay of the webcast and has furnished press releases detailing the acquisitions as exhibits to this 8-K filing.

The filing includes a Safe Harbor statement that highlights potential risks, such as difficulties in integrating the acquired companies or a failure to attain anticipated operating results. Investors are advised to review the 'Risk Factors' section in FleetCor's periodic reports, including its Form 10-K, for a more comprehensive understanding of these risks.