Back to Search Start Over

Is Acquisition of Concord EFS in the Cards for First Data?

Authors :
Sapsford, Jathon
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