FIS Apr 2023 45.000 put

UPDATE 1-Fleetcor Technologies to eye alternatives, refreshes board

Fleetcor Technologies on Monday said it will consider selling or separating one or more of its businesses and is adding two new board members amid pressure from hedge fund D.E. Shaw Group. Fleetcor, which provides fuel cards and workforce payments products, added Rahul Gupta, a veteran board member director and expert in the digital services and payments industry, as a new director. The company and D.E. Shaw will jointly select a second director who will join the board later.