The perceived revenue and cost-saving benefits from Finserv's acquisition of First Data may not be as simple as the two companies have purported.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
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.
Lire la suite »
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.
Lire la suite »
Last deal for First Data carries late-cycle riskFiserv’s $22 bln all-stock acquisition of the transaction processor at a 30 pct premium comes with plenty of cost savings. Revenue synergies would be icing on the cake. But as with KKR’s toppy leveraged buyout of First Data in 2007, market turns can undermine M&A logic.
Lire la suite »
Analysis | Despite dozens of fact checks, Kirstjen Nielsen again misstates terrorist-at-the-border dataIn an appearance on Sean Hannity's show on Wednesday night, Nielsen agreed there were terrorists crossing the border, which has been debunked into the ground.
Lire la suite »
AT&T says it’ll stop selling your location data, amid calls for a federal investigationA report from Motherboard on major U.S. wireless carriers revealed the shadowy business of collecting and reselling phone location data.
Lire la suite »
Government shutdown poses threat of agricultural data shockFarmers and traders are missing key pieces of U.S. government data they need to market and trade soybeans and other crops, just as China has resumed at least some purchases of U.S. agricultural products.
Lire la suite »