FleetCor (FLT), a provider of fuel payment cards for businesses, announces it's acquiring...

|About: FleetCor Technologies, Inc. (FLT)|By:, SA News Editor

FleetCor (FLT), a provider of fuel payment cards for businesses, announces it's acquiring British fuel card provider AllStar Business Solutions for ~$304M. FleetCor expects the acquisition, financed through both available cash and credit facilities, to be accretive in 2012. (Q3 results)