First Data acquisition gets regulatory approval

Source: First Data

First Data Corp. (NYSE: FDC) today announced that it has received all domestic and international regulatory approvals required to close the pending merger with an affiliate of Kohlberg Kravis Roberts & Co. (KKR).

"Achieving this milestone is a critical step for First Data and KKR. We continue to work closely together to ensure a smooth transition and expect to close the transaction by the end of September," said First Data CEO Ric Duques.

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