Financial technology company Fiserv Inc. completed its $22 billion all-stock acquisition of New York's First Data Corporation on Monday. The transaction is not subject to any financing conditions.© 2020 Fiserv, Inc. or its affiliates Fiserv to Release Second Quarter Earnings Results on August 5, 2020. The deal is done. This press release may be deemed to be solicitation material in respect of the proposed transaction contemplated by the Agreement and Plan of Merger, dated as of January 16, 2019 (the “Merger Agreement”), by and among Fiserv, Inc. (“Fiserv”), 300 Holdings, Inc. (“Merger Sub”) and First Data (“First Data”). Historical First Data Financial Information. Disclaimer: All news releases are considered to be accurate at the time of original publication. Fiserv is a global leader in payments and Fintech: first across categories like global issuer processing, global merchant acquiring and U.S. account processing Across 100 countries, the company's approximately 44,000 associates serve thousands of financial institutions and … Fiserv is a member of the S&P 500® Index and the FORTUNE®500, and is among the FORTUNE Magazine World’s Most Admired Companies®.© 2020 Fiserv, Inc. or its affiliates In a press release, First Data said for the second quarter, the firm reported adjusted EPS of $0.42 a share, exceeding the consensus.
"The completion of this transformative combination is a major milestone in the evolution of our companies," Jeffery Yabuki, chairman and CEO at Fiserv, said in a news statement.
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Statements can generally be identified as forward-looking because they include words such as "believes," "anticipates," "expects," "could," "should" or words of similar meaning. Fiserv will offer $22.74 for each First Data share, a premium of nearly 30 percent over Tuesday’s closing price. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. Jul 14, 2020.
American Eagle Financial Credit Union Selects Fiserv to Improve Member Experience and Enable Innovation. Year ... Fiserv to Release Second Quarter Earnings Results … Fiserv, Inc. +1-414-526-3107 britt.zarling@fiserv.com Michael Schneider Vice President, Corporate Communications First Data is Now Fiserv +1-347-675-8072 michael.schneider@firstdata.com Investor Relations: Tiffany Willis Vice President, Investor Relations Fiserv, Inc. +1-678-375-4643 tiffany.willis@fiserv.com Peter Poillon Subscribe to our email alerts to stay up-to-date. First Data accepts no responsibility to update any information in the releases. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover™ cloud-based point-of-sale solution. First Data keeps you informed of our latest company news, including press releases, clippings and events. The combined company will offer comprehensive distribution channels and have deep expertise in partnering with financial institutions, merchants and billers of all sizes, as well as software developers.The transaction, which is expected to close during the second half of 2019, is subject to customary closing conditions and regulatory approvals, including the approval of shareholders of both companies. Jul 21, 2020. The First Data press release is available in the “Investor Relations” section of firstdata.com. Statements that describe the company's future plans, objectives or goals are also forward-looking statements.This highly complementary combination will offer leading technology capabilities that enable a range of payments and financial services, including account processing and digital banking solutions; card issuer processing and network services; e-commerce; integrated payments; and the Clover™ cloud-based point-of-sale solution. Press Releases.
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