Fiserv to buy First Data – the biggest fintech deal of 2019
Gonzobanker
JANUARY 25, 2019
Fiserv acquiring First Data Corporation is a huge deal in the fintech world. Twenty-two billion dollars is a monster-size deal, but at 2X First Data’s annual revenue, the price is a way lower revenue multiple than the growth-oriented digital mashups lining up in the market. Diversification versus Concentration.
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