23 October 2017
visit www.response.ncr.com

First Data shareholders approve KKR takeover deal

31 July 2007  |  1731 views  |  0 Source: First Data

First Data Corp. (NYSE: FDC) today announced that its shareholders approved the merger agreement with an affiliate of Kohlberg Kravis Roberts & Co. (KKR). Of the shares that were voted, over 98% were cast in favor of the merger.

Upon the closing of the merger, the Company's shareholders will be entitled to receive $34.00 in cash, without interest, for each share of First Data common stock held.

"I am very pleased to receive such broad support for this transaction from our shareholders," said Chairman and CEO, Ric Duques. "With most of the necessary conditions now having been met, we are well on our way to closing this transaction, as expected, in the third quarter."

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.niceactimize.comRegister now

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
18316 views comments | 24 tweets | 36 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
14860 views comments | 23 tweets | 31 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10773 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
10229 views comments | 13 tweets | 10 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job