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

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

5 years ago
Anonymous $Dftgs0JzgE

https://apnews.com/970546c635ce4873b5ffd8f70ec04653

NEW YORK (AP) — Fiserv is buying First Data in a $22 billion all-stock deal, creating a giant player in the payments and financial technology sector.

First Data shareholders will receive about .30 shares of Fiserv for every share of First Data they own, according to the deal announced Wednesday, a premium of about 29 percent.