The search result changed since you submitted your search request. Documents might be displayed in a different sort order.
  • search hit 63 of 100
Back to Result List

Deal Logic First Data Corp / Fiserv Inc

  • Fiserv (NASDAQ: FISV) and First Data Corporation (NYSE: FDC) coannounced on Jan 16th an unanimous merger agreement under which Fiserv would acquire First Data in a pure-stock transaction. The merger would combine two well-established Fintech companies into one giant. For each share of First Data, a fixed exchange ratio of 0.303 Fiserv shares is agreed, for a total equity value of USD 22bn. After the close of the transaction, Fiserv shareholders will own 57.5% of the new combined company, and First Data shareholders will own 42.5% on a fully diluted basis. The pure stock transaction is intended to be tax-free to First Data shareholders. The transaction is slated to close in the second half of the year, subject to shareholder and regulatory approval.

Download full text files

Export metadata

Additional Services

Search Google Scholar Statistics
Metadaten
Author:Mengyao Zhang, Julius Fuhrmann, Johannes Fink
URN:urn:nbn:de:hbz:992-opus4-7627
URL:https://www.whufinancesociety.com/deal-logic
Series (Serial Number):Deal Logic (2019-03-15)
Publisher:WHU Finance Society e. V.
Place of publication:Vallendar
Document Type:Part of Periodical
Language:English
Date of Publication (online):2019/03/15
Date of first Publication:2019/03/15
Publishing Institution:WHU Finance Society e. V.
Release Date:2019/12/10
Tag:Firmenfusion; First Data Corp; Fiserv Inc
Company merger; First Data Corp; Fiserv Inc
Volume:2019
Issue:03-15
Page Number:6
Licence (German):Copyright for this publication