Business Context and Reporting Period
This Form 8-K is a current report filed by Certegy Inc. on February 20, 2004. The filing discloses a material event pursuant to Item 9 (Regulation FD Disclosure) and Item 7 (Financial Statements and Exhibits). Note: The request metadata references "Fidelity National Information Services, Inc.," but the filing text explicitly identifies the registrant as Certegy Inc.
Key Financial Metrics
The filing does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The only specific financial figure disclosed relates to a transaction:
- Acquisition Cost: Approximately $22.5 million in cash.
Material Changes
The primary material change reported is the execution of an agreement to acquire Crittson Financial Services LLC. This transaction represents a strategic expansion of Certegy's operations through a cash purchase.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific risk factors related to the acquisition. The document states that the information is furnished solely pursuant to Item 9 and is not deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, limiting its liability exposure.
Investor Verification Checklist
- Verify the final closing date and conditions precedent for the Crittson Financial Services LLC acquisition.
- Confirm the exact final purchase price, as the filing states "approximately $22.5 million."
- Review the attached press release (Exhibit 99.1) for details on Crittson's business model and strategic fit.
- Check subsequent filings for any updates on the funding source for the cash consideration.