Search Results for "First Data"
2 results for "First Data"
Deals 2
Global Payments and TSYS Announce $21.5 Billion Merger
Global Payments announced a $21.5 billion all-stock merger with Total System Services (TSYS), creating a combined payments technology company serving 3.5 million merchants and 1,300 financial institutions across over 100 countries. TSYS shareholders receive a 20% premium. The deal is part of a broader 2019 payments consolidation wave alongside FIS-Worldpay and Fiserv-First Data.
Fiserv Acquires First Data in $22 Billion Fintech Megadeal
Fiserv announced the acquisition of First Data for $22 billion, creating one of the largest fintech consolidations in payments and financial services. The deal integrates First Data's e-commerce payments capabilities with Fiserv's banking solutions for merchants and financial institutions. The combined entity aims to compete against embedded finance disruptors like PayPal, Stripe, and Square.