Taylor English Advises Reliance Financial Corporation During Acquisition
Taylor English Duma LLP is pleased to congratulate its client, Reliance Financial Corporation, on its acquisition by Fidelity Information Services (NYSE: FIS), the world’s largest provider of banking and payments technology, outsourcing and consulting solutions. Reliance Financial Corporation’s legal team was lead by its general counsel, Ron Stallings, assisted by a team of attorneys from Taylor English Duma that included David Baker, John Hopkins, Jonathan Wilson, George Gaskin, John Gross, Matthew Flower, Tim Reis and Eric Tanenbaum. The transaction, which had an aggregate purchase price of $110 million, brings together the world’s largest provider of banking and payments technology and one of the largest independent trust companies in the country. The completed transaction includes FIS’s acquisition of Reliance Financial Corporation’s subsidiaries Reliance Trust Company, Reliance Trust Company of Delaware and Reliance Integrated Solutions LLC. For more information about the transaction, read the press release issued by FIS.