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NetSpend Holdings, Inc.
NTSP (“NetSpend” or the “Company”), a
leading provider of general-purpose reloadable prepaid debit cards
(“GPR”) and related financial services to underbanked consumers in the
United States, today announced that it has postponed until Friday, May
31, 2013 its special meeting of stockholders to be held in connection
with the Company's proposed merger with Total System Services, Inc., a
Georgia corporation (“TSYS”).
As previously disclosed, on February 19, 2013 the Company entered into
an Agreement and Plan of Merger, by and among the Company, TSYS and
General Merger Sub, Inc., a Delaware corporation and a wholly-owned
subsidiary of TSYS (the “Merger Agreement”). On April 23, 2013, the
Company filed with the Securities
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