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Fiserv to buy First Data in a $22 billion all-stock dealFiserv on Wednesday announced plans to buy First Data in an all-stock transaction the companies valued at $22 billion.
Source: CNBC - 🏆 12. / 72 Read more »
Fiserv's $22 billion deal for First Data is one of the biggest in fintech history, and already some on Wall Street are warning of a culture warThe perceived revenue and cost-saving benefits from Finserv's acquisition of First Data may not be as simple as the two companies have purported.
Source: BusinessInsider - 🏆 729. / 51 Read more »
KKR scrapes second-rate return out of First DataAfter a long 12-year investment in the payment processor, a sale to Fiserv sets the stage for a profitable exit. It’s a wonder the $29 bln buyout survived the financial crisis, considering the debt and multiple CEOs. Anything better than breaking even amounts to a win.
Source: Breakingviews - 🏆 470. / 51 Read more »