Investing

Why Fiserv Bought First Data for $22B in Stock

why-fiserv-bought-first-data-for-22b-in-stock



To compete in a fragmented market, consolidation is the name of the game; and this week, we learned that two significant companies in the payments and financial-services technology space are about to join forces. Fiserv (NASDAQ: FISV) is buying First Data (NYSE: FDC) for $22 billion in stock, valuing the target at a 30% premium compared to where it was trading prior to the deal’s announcement.

In the this MarketFoolery podcast, host Mac Greer and senior analysts Emily Flippen and Jason Moser discuss the potential pros of combining the financial services technology player and the payment processor, consider what each one brings to the table, and how this deal reflects the trends in the space.
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4 Comments
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Robert Dunfee

4 Comments

  1. Chandramaan gowda
    July 20, 2021 at 8:23 am

    Fiserv is a fake I have been froud ….don't rush on it people

  2. Jaspreet singh
    July 20, 2021 at 8:23 am

    Just a stupid organisation..as an ex employee I can say avoid it..huge company but filled with psychopaths and drama driven management

  3. Kenny Poe
    July 20, 2021 at 8:23 am

    Should FIRSTDATA employees be worried about their jobs?

  4. Christopher Miller
    July 20, 2021 at 8:23 am

    Let me help you only about 25 precent of merchants can take square or PayPal. I work in merchant services and about 80 precent of my merchants rate is lower than what square offers. Also firstdata now offers a swipe/nonswipe rate that is lower than square or PayPal.