Fiserv buys First Data for $22B, creating fintech giant

Fiserv buys First Data for $22B, creating fintech giant

6 years ago
Anonymous $Dftgs0JzgE

https://phys.org/news/2019-01-fiserv-22b-fintech-giant.html

The deal will leave Fiserv shareholders with 57.5 percent of the combined company. First Data shareholders will own the remaining 42.5 percent.

Fiserv, based in Brookfield, Wisconsin, specializes in financial services technology related to electronic payments and processing. First Data, based in New York, says it facilitates $2.4 trillion in transactions each year.