January 16, 2019 / 12:13 PM / a month ago

Fiserv to buy First Data in $22 billion stock deal

Jan 16 (Reuters) - U.S. financial technology provider Fiserv Inc said on Wednesday it will buy payment processor First Data Corp in a $22 billion all-stock deal.

The deal is at a premium of nearly 30 percent over First Data’s closing price on Tuesday.

Reporting by Supantha Mukherjee in Bengaluru; Editing by Bernard Orr

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