Fiserv Acquires First Data: Everything Investors Need to Know [The Motley Fool]
Fiserv, Inc. (FISV)
Last fiserv, inc. earnings: 2/4 04:01 pm
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US:NASDAQ Investor Relations:
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Source: The Motley Fool
Fiserv Acquires First Data: Everything Investors Need to Know Fiserv ( NASDAQ:FISV acquire First Data NYSE:FDC Fiserv provides financial institutions and banks with services such as electronic bill pay, digital and mobile banking solutions, and financial planning tools. First Data is a payment processing company that provides merchants with point-of-sale hardware, such as its popular Clover offering Under the terms of the deal, First Data shareholders will receive 0.0 shares of Fiserv once the acquisition is finalized. On the day the deal was announced, this represented a $.7 price, an almost 0% premium to the price First Data's shares were trading at before the announcement. It should be noted, though, that the price was also well below First Data's -week high of $.. At the agreement's closing, Fiserv shareholders will own 7.% of the newly combined company, and First Data shareholders will own .%. Fiserv CEO Jeffery Yabuki will remain the combined company's CEO, while First Data CEO
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