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First Data Tees Up Year's Biggest IPO.

Authors :
DEMOS, TELIS
Source :
Wall Street Journal - Eastern Edition. 9/22/2015, Vol. 266 Issue 70, pC1-C10. 2p. 1 Color Photograph.
Publication Year :
2015

Abstract

The article states that Atlanta, Georgia, payment-processing firm First Data Corp. planned to raise $3 billion during an initial public offering (IPO) that could begin as early as September 22, 2015. The article also states that the IPO was expected to give First Data a market value of between $20 billion and $25 billion. According to the article, First Data was taken private by the private-equity firm KKR & Co. in 2007. The article discusses how investors might view First Data's large corporate debt load.

Details

Language :
English
ISSN :
00999660
Volume :
266
Issue :
70
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
109562546