Back to Search
Start Over
Is Acquisition of Concord EFS in the Cards for First Data?
- Source :
-
Wall Street Journal - Eastern Edition . 12/11/2003, Vol. 242 Issue 115, pC1-C3. 2p. - Publication Year :
- 2003
-
Abstract
- Reports that First Data Corp. may soon acquire its rival Concord EFS Inc. Value of the proposed merger deal between the two consumer-finance middlemen, which was blocked by the United States Department of Justice because it had antitrust concerns; Anticipation of a meeting between government trustbusters and First Data; Speculation about a deal between the two sides; How a settlement could be influenced by the dynamics of the debit-card business at the center of the antitrust dispute; Percentage of the debit-card market the government claims will belong to First Data if the deal goes through; First Data's claim as to how market share should be measured; Discussion of processing signature transactions and payments processed through personal identification number (PIN) networks.
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 242
- Issue :
- 115
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 11642398