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October 14, 2015 11:26 pm GMT
First Data priced its IPO tonight at $16 per share, beneath the expected range of $18 to $20,according to Bloomberg.Selling 160 million shares, the payments processing company will raise $2.56 billion in its flotation, making it the largest IPO of the year. The pricing news comes directly on the heels of Square, a competing payments company, which revealed its IPO filing after the bell.… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/f1UTUlXBKgM/
First Data Prices Its IPO At $16 Per Share, Raising $2.56 Billion
First Data priced its IPO tonight at $16 per share, beneath the expected range of $18 to $20,according to Bloomberg.Selling 160 million shares, the payments processing company will raise $2.56 billion in its flotation, making it the largest IPO of the year. The pricing news comes directly on the heels of Square, a competing payments company, which revealed its IPO filing after the bell.… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/f1UTUlXBKgM/
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