TSYS to Acquire NetSpend

TSYS^® (NYSE: TSS), a leading global payment solutions provider, and NetSpend (NASDAQ: NTSP), a leading provider of general purpose reloadable (GPR) prepaid debit cards and related financial services to underbanked consumers in the United States, today announced that they have entered into a definitive agreement pursuant to which TSYS will acquire NetSpend in an all cash transaction valued at approximately $1.4 billion. Under terms of the agreement, NetSpend shareholders will receive $16.00 in cash for each share of NetSpend common stock. TSYS expects the transaction to be accretive to GAAP EPS for the first 12 month period following closing, excluding one-time acquisition related fees and expenses.

ACI Worldwide to Strengthen Leadership in Online Banking and Payments with Acquisition of Online Resources

Adds new payment and presentment solutions while enhancing commitment to online banking

ACI Worldwide (ACIW), a leading international provider of payment systems, and Online Resources (ORCC), a leading provider of online banking and full-service bill pay solutions, today announced that they have entered into a definitive transaction agreement. Under the terms of the agreement, ACI Worldwide will acquire Online Resources in an all cash transaction for $3.85 per share. The boards of directors of both companies have approved the transaction. ACI Worldwide will hold a conference call on January 31, 2013, at 8:30 a.m. EST to discuss this information. Interested persons may access a real-time audio broadcast of the teleconference at http://www.aciworldwide.com/investorrelations or use the following numbers for dial-in participation: US/Canada: (866) 914-7436, International/Local: +1 (817) 385-9117. Please provide your name, the conference name ACI Worldwide and conference code 95383321. There will be a replay available for two weeks on (855) 859-2056 for US/Canada dial-in and +1 (404) 537- 3406 for International/Local dial-in participants.

A.M. Best Comments on Markel Corporation’s Planned Merger With Alterra Capital Holdings Limited

A.M. Best Co. has commented that the issuer credit rating (ICR) and debt ratings of Markel Corporation (Markel) (Glen Allen, VA) [NYSE: MKL] and the financial strength rating and ICRs of its insurance subsidiaries are unchanged. The ratings of Markel and its subsidiaries were previously affirmed on November 13, 2012.

This comment is in response to the recently announced definitive merger agreement between Markel and Alterra Capital Holdings Limited (Alterra) [NASDAQ: ALTE] and takes into consideration the terms of the merger, the future business prospects and synergies gained from the transaction, as well as the pro forma financials of the combined entity.

Knight Capital Group Confirms Receipt Of Proposal From Getco