Summary
Fidelity National Information Services, Inc. (FIS) filed an 8-K on July 1, 2016, to provide historical financial information for SunGard, which FIS acquired on November 30, 2015. This filing is primarily for administrative purposes, making the unaudited condensed consolidated financial statements of SunGard as of September 30, 2015, and for the nine-month periods ended September 30, 2015, and 2014, available for incorporation by reference into future FIS registration statements. Investors should view this as supplementary information related to the SunGard acquisition, not as a report of new operational or financial performance for FIS itself in the current period.
Key Highlights
- 1FIS is filing historical financial statements for SunGard, acquired in November 2015.
- 2The filing includes unaudited condensed consolidated financial statements of SunGard as of September 30, 2015.
- 3Financial data covers the nine-month periods ended September 30, 2015, and 2014, for SunGard.
- 4This information is being provided to be incorporated by reference into future FIS registration statements.
- 5The filing does not contain new operational or financial results for FIS in the current reporting period.
- 6This is a procedural filing related to the SunGard acquisition accounting and regulatory requirements.
Frequently Asked Questions
The main purpose of this filing is to provide historical condensed consolidated financial statements of SunGard, the company FIS acquired on November 30, 2015. This information is being made available for incorporation by reference into any future registration statements that FIS may file with the SEC.
No, this filing does not report new financial results or operational updates for FIS for the current reporting period. It is specifically providing historical financial data for SunGard from periods prior to its acquisition by FIS.
The filing includes the unaudited condensed consolidated financial statements of SunGard as of September 30, 2015, and for the nine-month periods ended September 30, 2015, and 2014.
FIS is providing SunGard's historical financials to comply with SEC rules, allowing this information to be referenced in future FIS registration statements, likely related to securities offerings or other corporate actions requiring historical financial disclosures of acquired entities.