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Tag: Jeff Shanahan

First Data acquisition of CardConnect now complete

NEW YORK, 2017-Jul-08 — /EPR Retail News/ — First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, and CardConnect Corp., a payment processing and technology solutions provider, today (06 Jul 2017) announced the successful completion of First Data’s tender offer to purchase the outstanding shares of CardConnect common stock for $15.00 per…

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First Data to acquire all outstanding shares of common stock of CardConnect for $15.00 per share in cash

CardConnect’s innovative partner management tools help improve merchant retention Capabilities accelerate First Data’s firm-wide ISV initiative Brings First Data immediate capabilities in ERP-integrated payment solutions All CardConnect tools and capabilities will be made available through First Data’s JVs, acquiring partnerships, and other distribution channels Transaction is modestly accretive to adjusted EPS…

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